Mortgage Lending The division licenses and examines mortgage broker-lenders and their loan originators. Staff investigates consumer complaints and takes enforcement action as needed. PLEASE NOTE: A company originating residential mortgage loans under $25,000 must comply with Alaska's usury law, AS 45.45.010 (not more than 10% or five percentage points above the 12th Federal Reserve District annual rate). If a company charges a higher interest rate on loans under $25,000, as permitted under the Alaska Small Loans Act (ASLA) AS 06.20, the company must hold both an Alaska Mortgage Broker/Lender license and an Alaska Small Loan Act license. There is no exemption for a Mortgage Broker/Lender under the ASLA. All licensing activity is done through the NMLS system. Licensing Mortgage Broker/Lender (Company) New Application Checklist Mortgage Broker/Lender (Branch) New Application Checklist Mortgage Loan Originator New Application Checklist Alaska Affidavit - Must select A or B on item #6 Correspondence to Licensees Statutes & Regulations Alaska Statutes Mortgage Licensing (AS 06.60) Mortgage Lending Regulations (3 AAC14) Online Filing Systems NMLS Licensing NMLS Mortgage Call Report Consumer Information Consumer Access Submit inquiries to: dbs.licensing@alaska.gov