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PHX Reporter

Tuesday, November 5, 2024

Arizona Department of Financial Institutions issues one loan originator license in ZIP Code 85254 during Q3

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The Arizona Department of Financial Institutions issued one loan originator license in the ZIP Code 85254 during the third quarter, according to the State of Arizona.

More than 99 percent of Arizona's businesses are considered small with more than 40 percent of Arizona employees working for a small business, according to the U.S. Small Business Administration.

A study by Civic Economics found that when $100 is spent at a locally-owned business, that business puts $47 back into the local economy while the total is just $13 for non-local businesses.

Licenses issued by Arizona Department of Financial Institutions during Q3
License HolderLicense TypeIssued DateLicense Number
Mahdi Hussein SerhanLoan Originator2021-08-09LO-1026708
American Pacific Mortgage Corporation, Scottsdale, AZ BranchMortgage Banker2021-07-08BK-BR-1025455
Mortgage Media Group, LLCMortgage Broker2021-07-27MB-1026074
Dorn Mortgage, LLC, Scottsdale, AZ BranchMortgage Broker2021-07-27MB-BR-1026136

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