Arizona § 6-949 Conversion to mortgage broker license

Arizona Statutes

§ 6-949 — Conversion to mortgage broker license

Arizona § 6-949

Title 6Arizona Revised Statutes

Ch. 9MORTGAGE BROKERS, MORTGAGE BANKERS AND LOAN ORIGINATORS

Art. 2Mortgage Bankers

This text of Arizona § 6-949 (Conversion to mortgage broker license) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 6-949 (2026).

Text

Notwithstanding any other law, a licensee who funds in the aggregate one hundred fifty or fewer loans in the immediately preceding calendar year may apply at the time of license renewal to the department for a conversion to a mortgage broker license issued pursuant to article 1 of this chapter.  The conversion application shall be in a manner prescribed by the deputy director by rule. The approval of the conversion is at the discretion of the deputy director.

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Notwithstanding any other law, a licensee who funds in the aggregate one hundred fifty or fewer loans in the immediately preceding calendar year may apply at the time of license renewal to the department for a conversion to a mortgage broker license issued pursuant to article 1 of this chapter. The conversion application shall be in a manner prescribed by the deputy director by rule. The approval of the conversion is at the discretion of the deputy director.