Arizona Commercial Mortgage Banker Branch License
branch licence · NMLS AZCOMMBANKER_B · DIFI
This License is required for all locations, other than the main office identified on the Commercial Mortgage Banker License, whether located in Arizona or not, which hold out to the public that they transact commercial mortgage business from that location.
Requirements (5)
Step 1
Branch Location(s): Arizona is a brick and mortar state. At least 1 place of business must be an Arizona residence or commercial property. If the entity's physical address is not located in Arizona, a separate branch application is required.Submitted via: NMLS
Step 2
Branch Manager: A branch manager must be designated for each licensed location.Submitted via: NMLS
Step 3
Other Trade Names: • List your DBA or Trade Name(s) used in Arizona in the "Other Trade Names" (OTN) section of the Branch Form MU3 • IMPORTANT - If adding a new OTN for the branch location that is not already listed on the Company Form MU1, during the application process, also submit an amendment for the addition of the oTN through the COmpany Form MU1 in NMLS. • You may only transact business in the legal name of the entity and any name(s) approved and listed for Arizona under the Other Trade Names section in NMLS. • A licensee may not use an assumed name or trade name that either; 1. Is so substantially similar the the assumed name or trade name of another department licensee that it may cause uncertainty or confusion amonth the public; and 2. Tends to decide or mnislead the public as to the nature of business that the licensee conducts. • A person using an approved DBA or trade name shall notify the AZ-DIFI within fifteen days after any material change to the name.It is recommended that each DBA or Trade Name is registered with the Arizona Secretary of State.Submitted via: NMLS
Step 4
Disclosure Questions: Provide a complete and detailed explanation and document upload for each "Yes" response to the Disclosure Questions.Submitted via: NMLS
Step 5
NOTICE TO APPLICANTS: In accordance with ARS § 41-1030 • An agency shall not base a licensing decision in whole or in part on a licensing requirement or condition that is not specifically authorized by statute, rule or state tribal gaming compact. A general grant of authority in statute does not constitute a basis for imposing a licensing requirement or condition unless a rule is made pursuant to that general grant of authority that specifically authorizes the requirement or condition. • This statute may be enforced in a private civil action and relief may be awarded against the state. The court may award reasonable attorney fees, damages, and all fees associated with the license application to a party that prevails in an action against the state for a violation of this section. • A state employee may not intentionally or knowingly violate this statute. A violation of this statute is cause for disciplinary action or dismissal pursuant to the agency's adopted personnel policy. This statute does not abrogate the immunity provided by ARS § 12-820.01 or ARS § 12-820.02.
General information
Note from Arizona Department of Insurance and Financial Institutions (AZ-DIFI): We ask that you provide the necessary information needed to make our decision within 10 days of the date we notify you of any deficiencies. This is to ensure the application can be processed and to avoid any undue delay. Untimely submissions, as detailed in the deficiency notice, will result in your application being withdrawn. If the application is withdrawn, application fees, if applicable, will be forfeited and the applicant will be required to submit a new application and application fee.
This document includes instructions for a branch new application request. If you need to complete a new application for a company location or individual; refer to the appropriate new application checklists.
Note: The Company Form MU1 (corporate location) must be requested prior to the submission of a Branch Form MU3.
AZ Application Fee: $500
AZ Prorated License Fee:
If you apply in
Your prorated license fee will be
Jan/Feb/Mar
$250
April/May/June
$187.50
July/Aug/Sept
$125
Oct
$62.50
Nov/Dec
$312.50
NMLS Initial Processing Fee: $25
Use the checklist below to complete the requirements for Arizona licensing. The checklists provides instructions and requirements for information to be entered in NMLS, the documents that must be uploaded into NMLS, as well as the documents that must be sent outside NMLS.
For help with the NMLS application, see the Quick Guide for submitting a complete Branch Form through NMLS.
Agency specific requirements marked Filed in NMLS must be completed and/or uploaded in NMLS; this information will not be viewable to the agency until the application has been submitted through NMLS.
For help with document uploads, see the Quick Guide for document upload in NMLS.
Other Arizona mortgage licenses
- Commercial Mortgage Banker License
- Commercial Mortgage Broker Branch License
- Commercial Mortgage Broker License
- Escrow Agent Branch License
- Escrow Agent License
- Loan Originator License
- All 12 Arizona licenses
Sourced from the NMLS/CSBS state licensing record, last updated April 29, 2025. Requirements change — confirm against the state agency before filing. Not legal advice.