Federal Criminal Background Checks for ALL Loan Officers

6/2/2010

Starting January 25, 2010, all new applicants for a mortgage loan officer license may request a federal criminal backgroud check and provide finger prints to the Nationwide Mortgage Licensing System and Registry (NMLS).  Effective July 31, 2010, the Arkansas Securities Department (Department) will not grant a new loan officer license to any applicant until the results from the federal criminal background have been received and reviewed by the Department.  Starting November 1, 2010, the Department will not grant a renewal of a loan officer license to any applicant or licensee until the results from the federal criminal background have been received and reviewed by the Department.  Full information concerning the federal criminal background check processing can be found in the NMLS and at the NMLS Resource Center under "Professional Requirements."

 

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Telephone: (501) 324-9260
Facsimile: (501) 324-9268
Hotline: (800) 981-4429
info@securities.arkansas.gov
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