Current Status
Not Enrolled
To Get Price Click "Take this Course"
Get Started

How to Get a Arkansas Mortgage Loan Originator (MLO) License

Arkansas Mortgage License Requirements

  • Submit an application through a MU4 filing
  • Complete a Criminal Background Check (CBC)
  • Authorize a credit report through the NMLS demonstrating financial responsibility
  • Fulfill all state and federal education requirements as designated by your state agency
  • Pass both National Component and Arkansas State Component Tests
  • Be covered under a surety bond or recovery fund
  • Have a high school diploma or GED certificate, and be at least eighteen (18) years of age
  • Submit information related to any administrative, civil, or criminal proceeding by a governmental jurisdiction
  • Provide authorization to obtain an independent credit report

Steps to Get a Arkansas Mortgage License

  1. Enroll in the Arkansas Mortgage Loan Originator (MLO) 20-Hour SAFE Act Pre-License Course
  2. Attend the live, interactive 20-hour webinar covering all necessary topics required by the SAFE Act
  3. Engage in group Q&A sessions and discussions during the course
  4. Download course materials for federal exam preparation
  5. Complete the course and pass both the National Component and Arkansas State Component Tests
  6. Ensure coverage under a surety bond or recovery fund

Course Description

The Arkansas Mortgage Loan Originator (MLO) 20-Hour SAFE Act Pre-License Course provides a comprehensive education for aspiring mortgage loan originators in Arkansas. The live, interactive 20-hour webinar covers essential topics required by the SAFE Act, such as federal lending legislation, ethics, and non-traditional mortgage products. In addition, the course includes 12 hours of elective topics for a broad understanding of key concepts. Throughout the four days, students will engage with the instructor in real time and participate in group discussions.

Course Features

  • 20-Hour National Mortgage Pre-licensing Webinar
  • Live, interactive instruction with a course facilitator
  • Engaging group Q&A sessions and discussions
  • Ability to download course materials for federal exam preparation
  • Mortgage Principles and Practices 12th Edition eBook

3 Benefits of a Career in the Mortgage Industry

  1. Increased Earning Potential: With an MLO License, you can tap into the lucrative mortgage industry, where median salaries range from $60,000 to $70,000, with top performers earning over $100,000 annually (source: U.S. Bureau of Labor Statistics, 2021). The potential for growth and higher commissions increases with experience and a proven track record.
  2. Making a Tangible Impact: MLOs play a pivotal role in helping 65.8% of American households (source: U.S. Census Bureau, 2021) achieve homeownership. As an MLO, you facilitate the process of securing dream homes and financial stability for families, leaving a lasting impression on their lives.
  3. Continuous Learning and Career Growth: The mortgage industry is continuously evolving, with over 5.64 million homes sold in the U.S. in 2020 (source: National Association of Realtors, 2021). As an MLO, you’ll stay updated on market trends, regulations, and innovative lending solutions, ensuring long-term professional development and a rewarding career.

Start your mortgage career with Cameron Academy’s MLO License Course – an engaging online course offering education and support for success in the mortgage field. Enroll today and make a meaningful difference as a Mortgage Loan Originator!

Arkansas Mortgage Loan Originator (MLO) 20-Hour SAFE Act Pre-License Course 2024

Disclaimer: Course requirements, content, and pricing are subject to change without prior notice. Students are strongly advised to verify all necessary licensing and education requirements with the appropriate state department or licensing agency prior to making any purchase. Cameron Academy does not directly administer or process any courses offered on this site, and all such courses are managed and administered through designated third-party companies.

Cameron Academy assumes no responsibility for payment processing nor issuing refunds, as these tasks are solely the responsibility of the user-selected third-party company (or companies). The designated third-party is responsible for, but not limited to, publishing and updating course content, processing payments and refunds, administering and/or hosting courses, monitoring student progress, grading, reporting, issuing certifications (both paper and digital), and providing various products and services related to the courses.

All customer and/or technical support for courses offered on this site will be provided exclusively through the user-selected third-party company. Cameron Academy disclaims any and all responsibility and liability for issues, disputes, or claims that may arise as a result of purchasing or using these third-party courses and/or products. By enrolling in any course offered on this site, the user agrees to release Cameron Academy from any liability related to the courses, products, or services provided by the third-party company.