Alaska Mortgage Broker Bond

Alaska is the only state that does not regulate mortgage brokers. Two bills were introduced in 2006 that would have put in place licensure requirements, but neither bill was able to make it through both the state house and senate. It is widely believed that the state will continue to push for regulation in the future.

Alaska Mortgage Bond Markets

Alaska Licensure Requirements*

There is not current market for these bonds as they are not required by the state.

Applicant Requirements:

State Licensing Fees:

Age: No Requirement
State Residency: No Requirement
Experience: No Requirement
Education: No Requirement
Continuing Education: No Requirement
Examination: No Requirement
Fitness For Licensure: No Requirement
Net Worth: No Requirement
Surety Bond: No Requirement
Background Check: No Requirement
Managing Principal: No Requirement

Employee Requirements:

Initial Application: No Fee
Branch Application: No Fee
Renewal Application: No Fee

Branch Offices:

Age: No Requirement
State Residency: No Requirement
Experience: No Requirement
Education: No Requirement
Continuing Education: No Requirement
Examination: No Requirement
Fitness For Licensure: No Requirement
Net Worth: No Requirement
Surety Bond: No Requirement
Background Check: No Requirement
Managing Principal: No Requirement
Exemptions: No Requirement
Licensing Fee: No Requirement
Renewal Fee: No Requirement

Exemptions:

In State Requirements: No Requirement
Licensure Requirements: No Requirement
Branch Manager: No Requirement

Entities: Not Applicable
Safe Harbor: Not Applicable

How to apply:

*Information for state licensing is provided as a guide, always verify with the state that the information is correct.

1.) Visit the commercial application page.
2.) Complete our online application.