Alaska License Requirements

Get an understanding of mortgage lending and insurance state licensing and continuing education requirements

Alaska Mortgage License Requirements

  • Learn about the Alaska mortgage education requirements for mortgage licensing.

    In the state of Alaska, mortgage loan originators are required to:

  1. Complete a Criminal Background Check (CBC).
  2. Authorize a credit report through the NMLS that demonstrates financial responsibility.
  3. Fulfill all state and federal education requirements as designated by your state agency.
  4. Take and pass a National Test.
  5. Surety Fund Payment: $150.00
  6. Sponsorship: Mortgage Loan Originators may not be sponsored by, or perform mortgage origination activities for, more than one Alaska Mortgage Broker/Lender licensee simultaneously.
  7. Regulatory History: Applicant may not have had a mortgage loan originator license, or other mortgage related license, revoked in any governmental jurisdiction. 

              • Alaska NMLS Pre-Licensing Education Requirements:

                New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

                • 3 hours of federal law
                • 3 hours of ethics
                • 2 hours of non-traditional mortgage lending training
                • 12 hours of electives 

                Alaska Continuing Education Requirements:

                State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

                • 3 hours of federal law
                • 2 hours of ethics
                • 2 hours of non-traditional mortgage lending
                • 1 hour of electives

                MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

                Alaska Mortgage Licensing:

                NMLS Resources: