Where must a Delaware MLO’s NMLS unique identifier be clearly shown under Regulation 2401?
Correct Answer
B) On residential mortgage loan application forms and on solicitations, advertisements, business cards, and websites listing the individual
Delaware Regulation 2401 requires the unique identifier to be clearly shown on residential mortgage loan application forms and on solicitations, advertisements, business cards, and websites listing the individual.
Why This Is the Correct Answer
Delaware Regulation 2401 requires the unique identifier to be clearly shown on residential mortgage loan application forms and on solicitations, advertisements, business cards, and websites listing the individual.
Why the Other Options Are Wrong
Option A: Only on internal payroll records
The identifier display rule is not limited to internal payroll records.
Option C: Only on the promissory note after closing
The rule applies to application forms and advertising-type materials, not only a note after closing.
Option D: Only on the MLO’s private social media account if no loans are advertised
The question asks where the identifier must be shown under the rule; private non-advertising social media is not the listed requirement.
Memory Technique
DE-C016 -> Delaware-records-reports-and-identifiers
Exam Tip
Delaware identifier display includes both application forms and public-facing materials.
Common Mistakes to Avoid
- -Importing another state requirement into Delaware
- -Confusing NMLS baseline requirements with Delaware-specific rules
- -Treating operational assumptions as legal authority
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