Arkansas Mortgage Loan Originator License Renewal

Staying compliant is essential for continuing your mortgage lending activities in Arkansas. Completing your mortgage loan originator license renewal Arkansas process before the yearly deadline ensures that your license remains active and avoids any disruption to your ability to originate loans. Below is an overview of the key renewal requirements, deadlines, fees, and procedures set by the state regulator.

Renewal Cycle & Expiration Date

In Arkansas, mortgage loan originator licenses are renewed annually. The license follows a fixed expiration pattern and officially expires on December 31 of each year. Originators must submit their renewal applications and meet all compliance criteria before this date to maintain active licensure for the following calendar year.

Continuing Education (CE) Requirements

Continuing education is mandatory to keep your license current. Before submitting your renewal request, you must complete the following coursework:

• Required CE Hours: 8 hours
• Cycle: Must be completed annually prior to license renewal submission.

Make sure to finish your required 8 hours of approved education early in the renewal season so your course completions are properly recorded before the December 31 deadline.

Renewal Fee

Every licensed Mortgage Loan Originator in Arkansas must pay the standard state renewal fee:

• Renewal Fee: $50

This fee must be paid at the time of renewal submission.

How to Renew: Step-by-Step Checklist

1. Review Your Deadlines: Confirm your renewal status well before the December 31 expiration date to allow adequate processing time.
2. Complete Continuing Education: Finish your mandatory 8 hours of continuing education through an approved course provider.
3. Submit Renewal Application: Complete and submit your annual renewal application through the standard licensing portal.
4. Pay the Renewal Fee: Submit the non-refundable $50 renewal fee.
5. Confirm License Status: Verify that your renewal application has been approved and that your license reflects an active status for the new year.

What Happens If You Renew Late?

If you fail to renew your license by December 31, your license will lapse or become inactive. Inactive status legally prevents you from taking applications, negotiating mortgage terms, or conducting any loan origination business in the state of Arkansas. While a reinstatement period or process may be available, allowing your license to expire may involve additional administrative steps, potential late penalties, or reapplication requirements. To avoid regulatory issues or business downtime, complete your renewal early.

Regulatory Contact Information

Mortgage Loan Originators in Arkansas are regulated by the Arkansas Securities Department. If you have questions regarding your license status or specific state requirements, you can contact the department directly:

• Agency Website: https://securities.arkansas.gov
• Phone: (501) 324-9260