Arkansas Securities Department
A. Heath Abshure, Commissioner
Heritage West Building, Suite 300
201 East Markham Street
Little Rock, Arkansas 72201-1692
Main Telephone: (501) 324-9260 Facsimile: (501) 324-9268 Hotline: (800) 981-4429
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Fair Mortgage Lending Act Forms
The Fair Mortgage Lending Act, Act 554 of 2003, (the “Act”), replaces the existing Arkansas Mortgage Loan Company and Loan Broker Act, Act 806 of 1977, as amended. The Act encompasses sweeping changes in the licensing requirements for those persons conducting mortgage lending activities in Arkansas.
You will need at least Adobe® Reader® 6.0 to view and print the documents listed below.
Instructions for accessing and completion of interactive forms:
WARNING: If you use the interactive form without following the steps below, the form will not be saved.
- Move your cursor to the form you wish to use.
- Right click.
- In the pop-up list, select “Save Target As.”
- A “Save As” box will appear.
- Choose where you would like to save and retrieve the file. For convenience you can select the desktop – it will appear as an icon on your screen. Either way, a “Download” box will pop-up and ask if you want to open the file.
- Choose “Open.”
- The form is mostly interactive in all the areas that require information. Place your cursor on the areas requiring information, and begin typing.
- Save your file when completed, by selecting “File” on the menu bar, “Save As,” then the file name will appear in the “Save As” pop-up box, click “Save."
- It will ask if you want to replace the existing file, click “Yes.”
- Print your form and finish by completing with signatures and notarizing, if applicable.
Mortgage Banker, Broker and Servicer
To apply for an initial license, an Applicant must submit the following to the Arkansas Securities Department (“ASD”):
- The required non-refundable application fee.
- NEW! 2008 Fee Schedule
- FMLA Form Instructions
- FMLA Form 001, Application for License, completed and executed.
- FMLA Form 002, Parents, Subsidiaries and Affiliates, completed.
- FMLA Form 003, Principals, Officers, Trustees, Directors and Managers, completed.
- FMLA Form 004, has been replaced by FMLA Form 014.
- FMLA Form 005, State Licensing Information, completed.
- FMLA Form 006, Branch Offices, completed.
- FMLA Form 006a, has been replaced by FMLA Form 014.
- FMLA Form 007, Loan Officers, completed.
- FMLA Form 008, Surety Bond, completed and executed, or,
- FMLA Form 009, Assignment and Escrow Agreement, completed and executed.
- FMLA Form 010, Arkansas Consent to Service of Process, completed and executed.
- FMLA Form 011, Notice of Changes in Licensee Data
- FMLA Form 012, Notice of Changes in Branch Data
- FMLA Form 013, License Renewal Application
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FMLA Form 014, Application for Managing Principal, Branch Manager, or Loan Officer
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Certification of Unaudited Financial Statements for Mortgage Brokers
Loan Officer Renewal - Changes - Instructions
- The required non-refundable renewal/change fee.
- NEW! 2008 Fee Schedule
- Renewals:
- Changes: