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Colorado onboarding staff review criminal-history steps for a new MLO applicant. Which statement is accurate?

Correct Answer

B) Colorado requires an applicant to submit fingerprints to the Colorado Bureau of Investigation for state and national criminal-history checks before submitting the MLO license application to the Division.

Colorado requires an applicant to submit fingerprints to the Colorado Bureau of Investigation for state and national criminal-history checks before submitting the MLO license application to the Division.

Answer Options
A
Let the MLO originate while waiting for the Colorado status, sponsorship, or renewal issue to be corrected.
B
Colorado requires an applicant to submit fingerprints to the Colorado Bureau of Investigation for state and national criminal-history checks before submitting the MLO license application to the Division.
C
Let production staff decide whether continuing education and renewal matters for the file.
D
Skip documentation because the disciplinary-risk review appears routine.

Why This Is the Correct Answer

Colorado requires an applicant to submit fingerprints to the Colorado Bureau of Investigation for state and national criminal-history checks before submitting the MLO license application to the Division.

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