Arkansas Mortgage Broker License
branch licence · NMLS ARBROKER_B · SEC
Requirements (4)
Step 1
Submission of Branch Form (MU3): Complete and submit the Branch Form (MU3) in NMLS. This form serves as the application for the license through NMLS.Submitted via: NMLS
Step 2
Other Trade Name: If operating under a name that is different from the applicant’s legal name, that name (“Trade Name,” “Assumed Name,” "Fictitious Name," or “DBA”) must be listed under the Other Trade Names section of the Company Form (MU1). Arkansas Securities Department does not limit the number of other trade names. If operating under an “Other Trade Name,” upload Arkansas Secretary of State registrations documents regarding ability to do business under that trade name. This document should be named [State-License Type] Trade Name – Assumed Name. Note: It is the applicant’s responsibility to ensure that all names are properly registered with the Arkansas Secretary of State and with the required municipality or government agency, if applicable.Submitted via: Upload in NMLS: under the Document Type Trade Name/Assumed Name Registration Certificates in the Document Uploads section of the Company Form (MU1).
Step 3
Branch Manager: A Branch Manager must be designated for each licensed location. A Branch Manager is defined as the individual who is in charge of the business operations of one (1) or more branch offices of a mortgage broker, mortgage banker, or mortgage servicer. Branch Manager must hold an active Arkansas MLO license.Submitted via: NMLS
Step 4
Branch Manager (MU2) Attestation: Complete the Individual Form (MU2) in NMLS. This form must be attested to by the applicable branch manager before it is able to be submitted along with the Branch Form (MU3).Submitted via: NMLS
General information
Who is required to have this license?
Any person who for compensation or other gain or in the expectation of compensation or other gain and, regardless of whether the acts are done directly or indirectly, through contact by telephone, by electronic means, by mail, or in person with the borrowers or potential borrowers:
(A) Accepts or offers to accept an application for a mortgage loan;
(B) Solicits or offers to solicit an application for a mortgage loan;
(C) Negotiates or offers to negotiate the terms or conditions of a mortgage loan; or
(D) Issues or offers to issue mortgage loan commitments or interest rate guarantee agreements to borrowers.
Ark. Code Ann. § 23-39-503 and Ark. Code Ann. § 23-39-502(34).
Activities Authorized Under This License
This license authorizes the following activities:
• First mortgage brokering
• Second mortgage brokering
• Mortgage loan modifications
• Home equity lending/lines of credit
• Reverse mortgage brokering
• High cost home loans
• Manufactured housing financing
• Lead generation
Pre-Requisites for License Applications
• None.
Arkansas Securities Department does not issue paper licenses for this license type.
Other Arkansas mortgage licenses
- Combination Mortgage Banker-Broker-Servicer License
- Combination of Mortgage Broker, Mortgage Banker and/or Mortgage Servicer Licenses
- Mortgage Banker License
- Mortgage Banker License
- Mortgage Broker License
- Mortgage Loan Officer License
- All 9 Arkansas licenses
Sourced from the NMLS/CSBS state licensing record, last updated July 25, 2025. Requirements change — confirm against the state agency before filing. Not legal advice.