How much does a Loan Officer license cost in Arkansas?

The estimated total cost is $200, including application fees, and education costs.

How long does it take to get a Loan Officer license in Arkansas?

The process typically takes 1-3 months, depending on education completion and exam scheduling.

What exam do I need for a Loan Officer license in Arkansas?

You need to pass the NMLS SAFE MLO Test. N/A

Loan Officer License in Arkansas

Arkansas requires a $50 application fee, 20 hours of pre-licensing education, passing the SAFE MLO Test, fingerprinting, and a high school diploma with annual $50 renewal.

Education Required: 20 hours
Exam: NMLS SAFE MLO Test
Total Cost: $200 (est.)
Timeline: 1-3 months
Renewal: Every Annually (December 31)

Requirements

Loan Officer license in Arkansas

gold

Veterans Benefits

A temporary license is available to military and spouses until formal license approval

Estimated Costs Est.

Application Fee: $50
Renewal Fee: $50
Total Estimated Cost: $200

Licensing Agency

Arkansas Department of Commerce

Website 5013249260 Email

Cost Breakdown

Estimated costs for getting your Loan Officer license in Arkansas. Values marked "Est." are extracted from official descriptions.

Application Fee

$50

Renewal Fee

$50

Total Estimated Cost

$200

Education / School Cost

Enter the cost of your pre-licensing education program

Include first renewal fee ($50)

Application FeeEst.$50

Total Estimated Cost$50

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

Loan Officer Salary in Arkansas

Entry Level

$38,290

Median

$70,050

Experienced

$132,760

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

How to Get Licensed

Step-by-step roadmap to becoming a licensed Loan Officer in Arkansas.

1

Submit Your Application

File your application with the licensing agency. Application fee: ~$50.
2

Receive Your License

Processing typically takes 1-3 months.

Loan Officer Licensing in Arkansas: What to Know

Arkansas licenses loan officers (MLOs) through the Securities Department. The COS listing specifies applicants must be at least 18 years old with a high school diploma, complete 20 hours of NMLS-approved pre-licensing education, and pass a written national exam. Initial and renewal fees are each $50. Background checks with fingerprinting are required. Arkansas processes all MLO applications through the NMLS system. The license is a stand-alone license with continuing education requirements and annual renewal. Arkansas offers a temporary license pathway for military spouses under expedited review.

Frequently Asked Questions

How much does a Loan Officer license cost in Arkansas?: The estimated total cost is $200, including application fees, and education costs.
How long does it take to get a Loan Officer license in Arkansas?: The process typically takes 1-3 months, depending on education completion and exam scheduling.
What exam do I need for a Loan Officer license in Arkansas?: You need to pass the NMLS SAFE MLO Test. N/A