Section R20-4-927. Conversion to Commercial Mortgage Broker License  


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  • A.      Under A.R.S. § 6-913, a mortgage broker licensee shall only be permitted to convert his or her license to a commercial mortgage broker license during the renewal period established by A.R.S. § 6-904.

    B.       The licensee seeking conversion shall not be subject to the 12 continuing education units as prescribed by A.R.S. § 6- 903(V).

    C.      The licensee seeking conversion shall submit:

    1.        The renewal fees required by A.R.S. § 6-126 for commer- cial mortgage brokers, and

    2.        The information and documents required by A.R.S. § 6- 903.

Historical Note

New Section adopted by final rulemaking at 18 A.A.R.

2622, effective December 2, 2012 (Supp. 12-4).