Yes: in Arizona, mortgage loan officers need a state license issued by the Arizona Department of Insurance and Financial Institutions (DIFI). You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Arizona: what buyers ask
What first-time buyer programs does Arizona offer?
Arizona has no single state down payment program: the Arizona Industrial Development Authority's Home Plus offers up to 4% in down payment and closing cost help, forgiven after 5 years, for incomes up to $155,386.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Arizona Department of Insurance and Financial Institutions (DIFI)
- Titles you will see: Loan originator, Mortgage broker, Mortgage banker
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 10 sectors of Phoenix
Maryvale · Deer Valley · Paradise Valley · North Mountain · Alhambra · Camelback East · South Mountain · Estrella · Ahwatukee Foothills · Laveen