Special Instructions for Licensees

RENEWAL UPDATE:

  • Please see the renewal instructions below to renew your Advance Fee Loan Broker, Consumer Lender, Debt Management Company or Sales Finance Company license(s): Open the LICENSE RENEWAL REPORT (click here) and carefully follow the instructions on page 1. 
  •  If possible, use the Google Chrome web browser when renewing your license(s) on the eLicense portal (click here).  Other web browsers may cause problems.
  • Processing Time: Please allow up to three weeks for your license renewal(s) to be processed.
  • Check your license record to make sure that licenses that you wish to continue have been renewed.

Examinations

It is the policy of AZDFI to select the most effective and efficient methods of conducting examinations so that significant risks affecting safety and soundness, as well as substantive statutory compliance, can be identified and, if necessary, appropriate supervisory action taken.  Judgment must be utilized to ensure that necessary procedures are performed and ineffective activities are avoided.

The examination fee in accordance with A.R.S. §6-125 is not more than sixty-five dollars per hour for each examiner.  The assessment late penalty is fifty dollars for each day after the thirty day period the enterprise fails to remit the assessment not to exceed the examination assessment amount.

Pursuant to A.R.S. §6-122  Superintendent; authority; duties

Examine or cause to be examined the business and affairs of any enterprise and any consumer lender for the purpose of administering and enforcing this title at the superintendent's discretion.

  • Commercial Mortgage Banker
  • Commercial Mortgage Broker
  • Mortgage Broker
  • Mortgage Banker
  • Registered Exempt Person
  • Loan Originator

 

For questions concerning examination of your company or license, please contact the Mortgage Lending  Division at 602-771-2800 or e-mail to [email protected].