An MLO's license expires on December 31st, but they completed their 8-hour continuing education requirement on January 15th of the following year. What is their status?
Correct Answer
C) License has expired and renewal process required
Continuing education must be completed by December 31st to maintain an active license. Completing CE after the deadline does not automatically reinstate an expired license; the MLO must go through the state's license renewal or reinstatement process.
Why This Is the Correct Answer
Continuing education must be completed by December 31st to maintain an active license. Completing CE after the deadline does not automatically reinstate an expired license; the MLO must go through the state's license renewal or reinstatement process.
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