The Alaska SAFE Act of 2010 and the regulations are posted above under "Reference Information". It is the responsibility of each licensee to be familiar with the statute and regulations governing mortgage activities both federally and for the State of Alaska.
An Alaska business license must be obtained prior to licensure as a Mortgage Broker/Lender. Business licensing information can be found on the Division of Corporations, Business and Professional Licensing website located at https://www.commerce.alaska.gov/web/cbpl/.
November 1, 2016 through December 31, 2016. All licensing activity is done through the NMLS system. Refer to the NMLS website for more details.
All fees are non-refundable
The annual renewal - Licensees who fail to request renewal during the annual renewal period will change status to "Terminated – Failed to Renew" in NMLS on January 1, 2017. While in this status a licensee will not be able to conduct mortgage business in Alaska.
Late renewal - Licensees may request late renewal in NMLS until the last day of February 2017. A late renewal fee will apply and department approval granted before the renewal is effective.
Terminated - Licensees who do not apply before the close of the late renewal period will become "Terminated – Expired" on March 1, 2017.
In order to provide homebuyers and the general public with greater information concerning the companies and professionals in the mortgage industry the NMLS has launched a website called NMLS Consumer Access. NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.
Any questions relating to the NMLS should be directed to the NMLS Call Center at: (855) 665-7123.