What is Delaware’s statutory prelicensing education requirement for an MLO applicant?
Correct Answer
A) At least 20 hours, including 3 hours federal law, 3 hours ethics, and 2 hours nontraditional mortgage product training
Delaware requires at least 20 hours of NMLS-approved prelicensing education, including 3 hours of federal law, 3 hours of ethics, and 2 hours of nontraditional mortgage product training.
Why This Is the Correct Answer
Delaware requires at least 20 hours of NMLS-approved prelicensing education, including 3 hours of federal law, 3 hours of ethics, and 2 hours of nontraditional mortgage product training.
Why the Other Options Are Wrong
Option B: At least 24 hours, including 4 hours Delaware-specific law
Delaware is not listed in the NMLS state-specific education table as requiring a 4-hour Delaware-specific PE add-on.
Option C: At least 8 hours, all in Delaware law
Eight hours is the annual CE baseline in Delaware, not the initial PE requirement.
Option D: No prelicensing education if the applicant passes the SAFE test
Passing the SAFE test does not eliminate Delaware’s PE requirement.
Memory Technique
DE-C009 + DE-C010 -> Delaware-education-testing-and-renewal
Exam Tip
Delaware PE is baseline 20 hours in the statute, not a special state-hour add-on in the NMLS table.
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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