Because of the SAFE Mortgage Licensing Act, any person who is holding escrow as a third party with the intent to complete a transaction of property after a specific event has occurred is required to have an Escrow Agent License.
This most often occurs in the case of a home purchase: when a home is to be inspected before the sale takes place and the purchaser entrusts an escrow agent with the funds for the purchase to be delivered to the seller after the inspection takes place.
Taking on a new career can be difficult in many ways. If you are looking at becoming an Arizona Escrow Agent, let us help you make the licensing process be as easy as possible. Here are the steps you need to take to get licensed: