According to the SAFE Act, what is the minimum number of hours of pre-licensure education required for mortgage loan originators?
Correct Answer
B) 20 hours
The SAFE Act requires a minimum of 20 hours of pre-licensure education for mortgage loan originators. This is a federal minimum that states cannot reduce, though they may require additional hours.
Why This Is the Correct Answer
The SAFE Act requires a minimum of 20 hours of pre-licensure education for mortgage loan originators. This is a federal minimum that states cannot reduce, though they may require additional hours.
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