>>> Attention <<<

Important renewal information for the following license types (click the license type for more information) :

Advanced Fee Loan Broker, Appraisal Management Companies, Consumer Lenders, Debt Management & Sales Finance.

Important Money Transmitter Quarterly Report Information. Please click HERE.

Appraisal Management Companies

32-3661. DEFINITIONS

2. "Appraisal management company" means a corporation, partnership, sole proprietorship, subsidiary or other business entity that directly or indirectly performs appraisal management services, regardless of the use of the term "appraisal management Company", "mortgage technology provider", "lender processing services", "lender services", "loan processor", "mortgage services", "real estate closing services provider", "settlement services provider", "vendor management company" or any other term, and that does any of the following:

(a) Administers an appraiser panel of independent contract appraisers to perform real property appraisal services in this state for clients.

(b) Receives requests for real property appraisal services from clients and, for a fee paid by the client, enters into an agreement with one or more independent independent appraisers to perform the real property appraisal services contained in the request.

(c) Otherwise serves as a third party liaison of appraisal management services between clients and appraisers.

Inquiries concerning the preparation and filing of License and renewal applications with the Department should be directed to the Licensing Division at 602-771-2800 Option #2 or e-mail at [email protected] . For more detailed contact information, see the “Contact Us” tab.

FORMS AND FEES

Description	Fees	Forms
New Application	$2,500.00	Portal Registration/Application Instructions DFI Application Requirements DFI License Application Certifications By A Controlling Person Form Irrevocable Consent To Service Of Process Form AMC Surety Bond Form Certifications By Owner(s)/Officer(s)/Controlling Person Form Finger Print Clearance Card
License Renewal	$2,500.00	DFI Renewal Application Requirements DFI Renewal License Application Certifications By A Controlling Person Form Irrevocable Consent To Service Of Process Form AMC Surety Bond Form Certifications By Owner(s)/Officer(s)/Controlling Person Form Finger Print Clearance Card
Address Change	$0.00	Portal Service Request Instructions DFI Service Request
Name Change	$0.00	Portal Service Request Instructions DFI Service Request Requirements DFI Service Request AMC Surety Bond Form
Change of Control/Ownership change ("COC")	$0.00	Portal Service Request Instructions DFI Service Request Requirements DFI Service Request Certifications By Owner(s)/Officer(s)/Controlling Person Form Finger Print Clearance Card
Officer Change	$0.00	Portal Service Request Instructions DFI Service Request
License Surrender	$0.00	Portal Service Request Instructions DFI Service Request
Duplicate License	$0.00	Portal Service Request Instructions DFI Service Request
Letter Of History Request	$0.00	Portal Service Request Instructions DFI Service Request

Laws, Rules & Substantive Policy Statements & Regulatory Alerts

CURRENT STATUTES FOR DEPARTMENT OF FINANCIAL INSTITUTIONS EFFECTIVE AUGUST 9, 2017

Statutory changes went into effect on August 9, 2017, aligning statutes for Appraisal, Appraisal Management Companies and Property Tax Agents with the Department of Financial Institutions. An attachment with a list of statutory changes for 2017 is provided below.

Three Sections of the Arizona State Revised Statutes provide the basis for regulation of various Financial Institutions and Enterprises. The following links take you directly to the Arizona State Legislative Website (www.azleg.gov) and the referenced ARS section.

ARS - Title 6 – Banks and Financial Institutions

ARS - Title 32 - Professions and Occupations

ARS - Title 44 – Trade and Commerce

2017 Statute Changes

Current Rules