EstatePass
USThard11% of exam

A mortgage team is building a Connecticut procedure for continuing education and renewal. Which statement matches the state requirement?

Correct Answer

B) NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

Answer Options
A
Close or renew first, then decide whether the company policy update needs a compliance correction.
B
NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.
C
Proceed before the required Connecticut license, sponsorship, disclosure, record, or approval is in place.
D
Use an informal manager exception without updating the license, file, or required record.

Why This Is the Correct Answer

NMLS lists Connecticut state-licensed MLO PE as 21 total hours with 1 Connecticut-specific hour and annual CE as 8 total hours with 1 Connecticut-specific CE hour.

Was this explanation helpful?

More UST Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing