(a) When an applicant submits an application for a license under this chapter to the department, the applicant shall pay to the department
(1) an application fee in partial payment of those investigation expenses incurred by the department; and
(2) an annual license fee for the period that terminates on December 31 after the date the license is issued; after this payment, the annual license fee is due every year, subject to renewal by the department.
(b) An applicant shall pay all reasonable costs and reasonable investigative fees incurred by the department before the department issues a license.
(c) The fees imposed by this section are in addition to the fees charged by the registry and the business license fees assessed under AS 43.70 (Alaska Business License Act).
(d) The department may establish by regulation the amount and manner of payment of application fees, examination fees, license fees, permit fees, investigation fees, and all administrative or other fees or penalties under this chapter. The fees established under this chapter are nonrefundable.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 60. Mortgage Licensing
Sec. 06.60.010. Mortgage lender or mortgage broker license required.
Sec. 06.60.012. Mortgage loan originator license required.
Sec. 06.60.013. Loan processors or underwriters.
Sec. 06.60.014. Registered depository institutions.
Sec. 06.60.020. Application for license.
Sec. 06.60.026. Transfer of mortgage loan originator license.
Sec. 06.60.027. Background checks.
Sec. 06.60.030. Investigation.
Sec. 06.60.035. Fees and expenses.
Sec. 06.60.038. Prelicensing and relicensing education of mortgage loan originators.
Sec. 06.60.040. Testing of mortgage loan originators.
Sec. 06.60.050. Decision on application.