Alaska Mortgage Broker/Lender License

Summary

Get Licensed in Alaska to broker and originate mortgages. We can help facilitate the entire process from start to finish to obtain your state licenses. Below is the general licensing requirements for the state, you can add to cart online and check out to purchase our services. The fees listed below are only our consulting service fees and do not include third party fees involved in obtaining the licenses.

General Requirements

Financial Statements

Upload an unaudited financial statement prepared in accordance with Generally Accepted Accounting Principles dated within the last 12 and within 90 days of fiscal year end. Financial statements should include a balance sheet and an income statement, along with all relevant notes thereto. If applicant is a start-up company, only an initial statement of condition is required. Refer to Alaska Mortgage Lending Regulation 3 AAC 14.054 for more details. Note: Financial statements are uploaded separately under the Filing tab and Financial Statement submenu link. See the Financial Statements Quick Guide for instructions.

Resident/Registered Agent

The Resident/Registered Agent must be listed under the Resident/Registered Agent section of the MU1.

Surety Bond

$75,000 must be executed by a surety company authorized to conduct business in Alaska for each Alaska Mortgage Broker/Lender License and must cover any Alaska Mortgage Broker/Lender License- Other Trade Name

Management/Org Chart

Required

Business Plan

Required

Source

Information Source NMLS website

$1,585.00 Processing Fee

* Includes 1 Company State license and 1 individual License