Arizona Mortgage License Requirements
Learn about the Arizona mortgage education requirements for mortgage licensing.
In the state of Arizona, mortgage loan originators are required to:
- Complete a Criminal Background Check (CBC).
- Authorize a credit report through the NMLS that demonstrates financial responsibility.
- Fulfill all state and federal education requirements as designated by your state agency.
- Take and pass the National Component.
- Surety Bond/Recovery Fund: Every mortgage loan originator must be covered under a surety bond or recovery fund.
Arizona 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
- 8 hours of electives
- 4 hours of Arizona state-specific education
PE education must be completed within 3 years immediately preceding the date of application.
Arizona 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 Arizona state-specific education
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.
Arizona Mortgage Licensing:
- Arizona Department of Financial Institutions
- Phone: 602-771-2800
- Email: felicensing@difi.az.gov
- Website: https://dfi.az.gov/industry/mortgage-industry
NMLS Resources:
- Arizona MLO License Description Page
- Professional Standards: Mortgage Education
- Professional Standards: Criminal Background Check
- Professional Standards: Credit Report
- Professional Standards: MLO Testing