Arkansas Mortgage Loan Officer License
individual licence · SEC
This 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.
Requirements (4)
Step 1
Company Sponsorship: A sponsorship request must be submitted by your employer. AR will review and accept or reject the sponsorship request.Submitted via: NMLS
Step 2
Credit Report Explanations: Submit a line by line, detailed letter of explanation of all derogatory credit accounts along with proof of payoffs, payment arrangements and evidence of payments made, or evidence of any formal dispute filed (documents must be dated). Accounts to address include, but are not limited to: collections items, charge offs, accounts currently past due, accounts with serious delinquencies in the last 3 years, repossessions, loan modifications, etc. Note: Items regarding bankruptcy, foreclosure actions, outstanding judgments or liens, or delinquent child support payments should be addressed in the Disclosure Explanations section of your Individual Form (MU4). This document should be named Credit Report Explanations – Sub Name – Document Creation Date.Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Credit Report Explanations.
Step 3
Remote Work Agreement: Submit a signed written remote work agreement from your sponsoring employer that is in compliance with the employer’s written policies and procedures pertaining to the supervision of remote mortgage loan activity. The Document should be named [Remote Work Agreement].Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
Step 4
Disclosure Questions: Provide an explanation and, if applicable, a supporting document for each “Yes” response.
General information
Who Is Required To Have This License?
This license is required for any individual who in exchange for compensation as an employee of or who otherwise receives compensation or remuneration from a mortgage broker or mortgage banker and who solicits or offers to solicit an application for mortgage loan; accepts or offers to accept application for a mortgage loan; or negotiates or offers to negotiate the terms or conditions of a mortgage loan; issues or offers to issue mortgage loan commitments or interest rate guarantee agreements to borrowers; or provides or offer to provide modification of a mortgage loan.
Arkansas Securities Department does not issue paper licenses for this license type.
Ark. Code Ann. 23-39-503(d)(1): The license of a loan officer or a transitional loan officer terminates when the loan officer's or transitional loan officer's employment by or relationship with a mortgage broker or mortgage banker licensed under this subchapter terminates.
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 Broker License
- All 9 Arkansas licenses
Sourced from the NMLS/CSBS state licensing record, last updated March 26, 2026. Requirements change — confirm against the state agency before filing. Not legal advice.