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Which action most clearly crosses into Delaware “soliciting” rather than mere referral?

Correct Answer

C) Discussing a mortgage loan product with a potential customer

Delaware says soliciting means discussing a mortgage loan product or products with a customer or potential customer.

Answer Options
A
Giving a licensed MLO a customer’s phone number without product discussion
B
Entering a customer’s name into a database only
C
Discussing a mortgage loan product with a potential customer
D
Scheduling a meeting with no loan-product discussion

Why This Is the Correct Answer

Delaware says soliciting means discussing a mortgage loan product or products with a customer or potential customer.

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