AZ NMLS Test Questions and Answers |Fall 2025/2026 Update | 100% Correct

AZ NMLS Test Questions and Answers |Fall 2025/2026 Update
| 100% Correct
Question 1
Arizona Department of Financial Institutions regulates:
Correct Answer
brokers
bankers
escrow officers
motor vehicle dealers
Etc.



Question 2
AZDFI checks financial instutions every...
Correct Answer
5 years



Question 3
The superintendent is the _____, is appointed by _____ and serves for a term of _____
Correct Answer
Chief Officer; Governor; 5 years




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,Question 4
The superintendent needs at least ____ years of experience in the financial industry to serve
Correct Answer
5 years of experience within 15 years prior to appointment



Question 5
Responsibilities of the superintendent are to ____ and ____
Correct Answer
Protect the public and avoid conflict of interest



Question 6
The superintendent must publish a ______________
Correct Answer
Consumer information brochure



Question 7
The maximum interest rate in Arizona is _______.
Correct Answer
10% if not stated in writing




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, Question 8
The superintendent shall examine ______ every _____.
Correct Answer
Each bank, credit union, and other associations once every 2 years



Question 9
All assets, fees, fines and assessments received by the department are deposited into the _________
Correct Answer
State General Fund



Question 10
The application fee for a Loan Originator is ____ and the renewal fee is _____
Correct Answer
$150 application fee
$350 renewal fee



Question 11
The AZ license transfer fee is ____, which is determined by _____.
Correct Answer
$50; determined by the superintendent




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