Which of the following individuals would NOT need to be listed on an Illinois mortgage lender license application?
Correct Answer
A) A part-time receptionist who answers phones at the office
A part-time receptionist who performs no mortgage-related functions does not need to be listed on the license application. Officers, significant owners, and the designated qualified individual must be disclosed.
Why This Is the Correct Answer
A part-time receptionist who performs no mortgage-related functions does not need to be listed on the license application. Officers, significant owners, and the designated qualified individual must be disclosed.
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