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Which item is part of Delaware’s renewal standard for an MLO license?

Correct Answer

D) The licensee must continue to meet the minimum standards for license issuance

Delaware renewal standards require the MLO to continue satisfying the minimum standards for license issuance.

Answer Options
A
The licensee may ignore original issuance standards after first approval
B
The licensee must close at least 10 loans each year
C
The licensee must become a Delaware real estate broker
D
The licensee must continue to meet the minimum standards for license issuance

Why This Is the Correct Answer

Delaware renewal standards require the MLO to continue satisfying the minimum standards for license issuance.

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