LicenseCompass

Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators License in Alaska

Quick Answer

Alaska requires a $200 application fee, $140 license fee, 20 hours of NMLS-approved education, passing the SAFE MLO Test, and a background check through the Division of Banking & Securities.

Education Required
20 hours
Exam
NMLS SAFE MLO Test
Total Cost
$500 (est.)
Timeline
1-3 months
Renewal
Every Annually (December 31)

Requirements

Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators license in Alaska

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Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Application Fee
$200
Renewal Fee
$140
Total Estimated Cost
$500

Licensing Agency

Alaska Department of Commerce, Community & Economic Development~Division of Banking and Securities~Securities

Website 9074652521ext0 Email

Cost Breakdown

Estimated costs for getting your Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators license in Alaska. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Application FeeEst.$200
Total Estimated Cost$200

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Alaska licensing board.

Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators Salary in Alaska

Entry Level

$24,400

Median

$65,160

Experienced

$163,450

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators in Alaska.

  1. 1

    Submit Your Application

    File your application with the licensing agency. Application fee: ~$200.

  2. 2

    Receive Your License

    Processing typically takes 1-3 months.

Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators Licensing in Alaska: What to Know

Alaska licenses mortgage loan originators through the Division of Banking & Securities under the Department of Commerce, Community & Economic Development. The COS data lists specific fees: $200 application, $140 license fee, and a $50 Recovery Fund fee. All MLO applicants must complete 20 hours of NMLS-approved pre-licensing education per the federal SAFE Act, pass the NMLS SAFE MLO Test, submit to a background check via fingerprinting, and authorize a credit report through NMLS. Alaska requires MLOs to be employed by or act as an agent for a licensed mortgage broker or lender.

Frequently Asked Questions

How much does a Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators license cost in Alaska?
The estimated total cost is $500, including application fees, and education costs.
How long does it take to get a Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators license in Alaska?
The process typically takes 1-3 months, depending on education completion and exam scheduling.
What exam do I need for a Mortgage Brokers, Mortgage Lenders and Mortgage Loan Originators license in Alaska?
You need to pass the NMLS SAFE MLO Test. N/A

Considering another state?

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.