EstatePass
USTmedium11% of exam

After a Delaware MLO application is approved, which fee does the applicant pay directly to the Office of the State Bank Commissioner rather than through NMLS, according to Delaware guidance?

Correct Answer

C) $250 licensing fee

Delaware guidance says that if the application is approved, the applicant pays a $250 licensing fee directly to the Office of the State Bank Commissioner, not through NMLS.

Answer Options
A
$30 NMLS processing fee
B
$500 supervisory assessment billed each July
C
$250 licensing fee
D
$25,000 surety bond amount

Why This Is the Correct Answer

Delaware guidance says that if the application is approved, the applicant pays a $250 licensing fee directly to the Office of the State Bank Commissioner, not through NMLS.

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