Alaska MLO licensing requirements

Alaska licenses mortgage loan originators through a single regulator inside the state’s commerce department, and its published fee schedule is one of the more itemized in the country.

One regulator: the Division of Banking and Securities

The Alaska Division of Banking and Securities (DBS), part of the Department of Commerce, Community, and Economic Development, licenses MLOs under the Alaska Mortgage Lending Act, AS 06.60. Alaska is a single-regulator state: there is no second agency by employer type.

Pre-licensure education sits at the federal floor

The published state licensing matrix lists Alaska’s pre-licensure education requirement as “Federal Only,” meaning the standard 20-hour SAFE Act minimum (3 hours federal law, 3 hours ethics, 2 hours nontraditional mortgage products, 12 hours electives) with no Alaska-specific add-on. DBS’s own licensing subpages returned a blocked response when this page was researched, so confirm the current requirement directly with DBS before enrolling in a course.

Fees are itemized rather than bundled

Unlike states that quote one flat application fee, Alaska’s published matrix breaks the initial cost into separate line items: an NMLS processing fee, a state license fee, the SAFE test fee, an FBI background-check fee, and a credit-report fee, none of which we host as our own figure. See the cost breakdown tool for how these pieces fit together, and check DBS’s own page for the current line-item amounts.

What stays routed, not hosted

The surety bond amount is set by DBS and is not hosted here. Check the current figure on the licensing matrix and DBS’s own mortgage lending licensing page.

Sponsorship and next steps

An Alaska MLO license stays inactive until an NMLS-registered employer sponsors it. See sponsorship explained for how that works, walk the full sequence with the state-steps wizard, or check the full cost picture with the cost breakdown tool.

Sources: Alaska Division of Banking and Securities, Mortgage Broker, Lenders and Originators page (commerce.alaska.gov/web/dbs/ConsumerFinance/MortgageBrokerLendersOriginators.aspx), identified 2026-07-29 (direct connection returned a blocked response from our network on that date, so pre-licensure and fee figures above are matrix-sourced, not primary-page-confirmed, and flagged as such); Alaska Mortgage Lending Act, AS 06.60, reviewed 2026-07-29; fees and bond matrix: getlicensemap.com, reviewed 2026-07-29.