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An operations lead handling an Arizona training scenario needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

D) Loan Originator is an Arizona mortgage license type with AZDIFI/NMLS application and renewal guidance.

Loan Originator is an Arizona mortgage license type with AZDIFI/NMLS application and renewal guidance. AZDIFI lists Loan Originator as an Arizona mortgage license type and provides DIFI/NMLS licensing and renewal guidance for that license.

Answer Options
A
Assume another state's approval automatically satisfies the Arizona requirement.
B
Apply the Arizona rule only to company licenses and never to individual MLO activity.
C
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
D
Loan Originator is an Arizona mortgage license type with AZDIFI/NMLS application and renewal guidance.

Why This Is the Correct Answer

Loan Originator is an Arizona mortgage license type with AZDIFI/NMLS application and renewal guidance. AZDIFI lists Loan Originator as an Arizona mortgage license type and provides DIFI/NMLS licensing and renewal guidance for that license.

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