An MLO candidate takes a 25-hour course that includes 4 hours of federal law, 4 hours of ethics, and 3 hours of nontraditional mortgage products. How many additional hours of education does the candidate need to meet the minimum requirements?
Correct Answer
A) 0 hours - requirements are exceeded
The candidate has completed 25 hours total, which exceeds the 20-hour minimum. The course includes 4 hours of federal law (exceeds 3-hour minimum), 4 hours of ethics (exceeds 3-hour minimum), and 3 hours of nontraditional products (exceeds 2-hour minimum). All requirements are met and exceeded.
Why This Is the Correct Answer
The candidate has completed 25 hours total, which exceeds the 20-hour minimum. The course includes 4 hours of federal law (exceeds 3-hour minimum), 4 hours of ethics (exceeds 3-hour minimum), and 3 hours of nontraditional products (exceeds 2-hour minimum). All requirements are met and exceeded.
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