Official sources and verification (13)
Last verified Oct 25, 2026. Each quotation supports the corresponding published value.
BoardArkansas Securities Department
Arkansas Securities Department
Arkansas Securities Department
Official sourceLast verified Oct 25, 2026
Official agency pageOpen the official agency page
https://securities.arkansas.gov/loans/
Any person who engages in mortgage loan activity (Mortgage Loan), as defined by the Arkansas Fair Mortgage Lending Act, in Arkansas or with an Arkansas consumer must be licensed by the Department.
Official sourceLast verified Oct 25, 2026
Apply with the agencyOpen the official agency page
https://securities.arkansas.gov/loans/
The Department receives all Mortgage Loan applications via the Nationwide Multistate Licensing System (NMLS).
Official sourceLast verified Oct 25, 2026
Qualifications / Age18 years old
18
Be at least eighteen (18) years of age;
Official sourceLast verified Oct 25, 2026
Qualifications / EducationHigh school diploma or approved high school equivalency diploma, except individuals licensed as loan officers on July 1, 2007.
High school diploma or approved high school equivalency diploma, except individuals licensed as loan officers on July 1, 2007.
Have received a high school diploma or a high school equivalency diploma approved by the Adult Education Section. (B) Subdivision (b)(2)(A) of this section does not apply to an individual who is licensed as a loan officer on July 1, 2007;
Official sourceLast verified Oct 25, 2026
Qualifications / Required hours20 hours
20
a person applying to be licensed as a loan officer under the Act shall complete at least twenty hours of education
Official sourceLast verified Oct 25, 2026
Fees / Application$50
50
Each applicant for initial licensure shall pay a filing fee of: ... (3) Fifty dollars ($50.00) for each loan officer.
Official sourceLast verified Oct 25, 2026
RenewalA licensee may renew a license through the NMLS&R automatic licensing system between November 1 and December 31 of the calendar year
A licensee may renew a license through the NMLS&R automatic licensing system between November 1 and December 31 of the calendar year Applies to: Arkansas mortgage loan officer licenses
A licensee may renew a license through the NMLS&R automatic licensing system between November 1 and December 31 of the calendar year
Official sourceLast verified Oct 25, 2026
Continuing education hours8 hours
8
each calendar year a licensed loan officer shall complete at least eight hours of education
Official sourceLast verified Oct 25, 2026
Continuing education topicsAt least 3 hours federal law, 2 hours ethics including fraud, consumer protection and fair lending, and 2 hours nontraditional mortgage lending.
At least 3 hours federal law, 2 hours ethics including fraud, consumer protection and fair lending, and 2 hours nontraditional mortgage lending.
(1) Three hours of Federal law and regulations; (2) Two hours of ethics, which shall include instruction on fraud, consumer protection, and fair lending issues; and (3) Two hours of training related to lending standards for the nontraditional mortgage product marketplace.
Official sourceLast verified Oct 25, 2026
ReciprocityEducation credit only: NMLS-approved pre-licensing education from another state is accepted toward Arkansas's requirements.
Education credit only: NMLS-approved pre-licensing education from another state is accepted toward Arkansas's requirements.
The pre-licensing education requirements approved by the NMLS&R in subsection (a) of this section for any state shall be accepted as credit toward the completion of pre-licensing education requirements in Arkansas.
Official sourceLast verified Oct 25, 2026
Agency guidanceExcept exempt persons, loan officers compensated by licensed mortgage brokers or bankers for soliciting, accepting or negotiating mortgage applications or issuing commitments must be licensed.
Except exempt persons, loan officers compensated by licensed mortgage brokers or bankers for soliciting, accepting or negotiating mortgage applications or issuing commitments must be licensed.
A Mortgage Loan Officer license is required for any individual, other than exempt person, who in exchange for compensation as an employee of or who otherwise receives compensation or remuneration from a Mortgage Broker or a Mortgage Banker licensed in Arkansas; solicits or offers to solicit an application for mortgage loan; accepts or offers to accept an application for mortgage loan; negotiates or offers to negotiate the terms or conditions of a mortgage loan; or issues or offers to issue mortgage loan commitment or interest rate guarantee agreement.
Official sourceLast verified Oct 25, 2026
Agency guidanceComplete continuing education before submitting renewal and before the end of the calendar year.
Complete continuing education before submitting renewal and before the end of the calendar year.
Continuing education shall be completed prior to submission of the renewal application, but in any event, prior to the end of the calendar year.
Official sourceLast verified Oct 25, 2026