Alaska Statutes Sec. 06.60.010 - Mortgage Lender or Mortgage Broker License Required

(a) Unless exempt under AS 06.60.015 , a person may not operate in the state as a mortgage lender or mortgage broker with respect to a dwelling located in the state unless the person is licensed as a mortgage lender or mortgage broker under this chapter.

(b) A mortgage lender or mortgage broker required to be licensed under this chapter shall register with the registry and maintain a valid unique identifier issued by the registry.

(c) A mortgage license may cover more than one location of a mortgage licensee.

(d) A person who operates as both a mortgage lender and a mortgage broker is only required to obtain one mortgage license.

Section: 06.60.010  06.60.012  06.60.013  06.60.015  06.60.016  06.60.017  06.60.020  06.60.025  06.60.026  06.60.027  06.60.030  06.60.035  06.60.038  06.60.040  06.60.045  Next

Last modified: November 15, 2016