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Code · Alaska · Title 6 · Chapter 60

Sec. 06.60.010. Mortgage lender or mortgage broker license required.

120 words·~1 min read·/ak/title-6/chapter-60/06-60-010

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Sec. 06.60.010. Mortgage lender or mortgage broker license required.
(a)Unless exempt under AS 06.60.015 , a person may not operate in the state as a mortgage lender or mortgage broker with respect to a dwelling located in the state unless the person is licensed as a mortgage lender or mortgage broker under this chapter.
(b)A mortgage lender or mortgage broker required to be licensed under this chapter shall register with the registry and maintain a valid unique identifier issued by the registry.
(c)A mortgage license may cover more than one location of a mortgage licensee.
(d)A person who operates as both a mortgage lender and a mortgage broker is only required to obtain one mortgage license.
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