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Mortgage licensing / Arkansas

Arkansas Mortgage Servicer License

branch licence · NMLS ARSERVICER_B · SEC

Requirements (4)

  1. 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

  2. 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).

  3. 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.

    Submitted via: NMLS

  4. 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 entity that performs the routine administration of a residential mortgage loan on behalf of an owner of the mortgage under a servicing contract; or any person that receives or has the right to receive from or on behalf of a borrower: (A) Funds or credits in payment for a mortgage loan; or (B) The taxes or insurance associated with a mortgage loan. Ark. Code Ann. § 23-39-503 and Ark. Code Ann. § 23-39-502(37). Note: Owners of mortgage servicing rights and owners of mortgage loans for which mortgage servicing rights have been retained, who hire licensed mortgage servicers to perform the mortgage servicing necessitated by ownership, must obtain a mortgage servicer license unless exempt from licensure. Note: "Covered institution" means a mortgage servicer that services, or subservices for others, at least two thousand mortgage loans primarily for personal, family or household use secured by residential property in the United States, excluding whole loans owned and loans being interim serviced prior to sale, as reported on the mortgage call report on the system or any other document required by the commissioner. Activities Authorized Under This License This license authorizes the following activities: • First mortgage servicing • Third party first mortgage servicing • Subordinate lien mortgage servicing • Third party subordinate lien mortgage servicing • Master servicing • Reverse mortgage servicing Pre-Requisites for License Applications • None Arkansas Securities Department does not issue paper licenses for this license type.

Other Arkansas mortgage 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.

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