At the time of Delaware MLO application through NMLS, what fees does the Delaware regulator say the applicant must pay?
Correct Answer
B) $250 investigation fee and $30 NMLS processing fee
Delaware guidance states that the applicant pays a $250 investigation fee and a $30 NMLS processing fee through NMLS at the time of application.
Why This Is the Correct Answer
Delaware guidance states that the applicant pays a $250 investigation fee and a $30 NMLS processing fee through NMLS at the time of application.
Why the Other Options Are Wrong
Option A: $500 supervisory assessment and $250 licensing fee only
The $500 supervisory assessment is billed separately by the Office, and the licensing fee is paid after approval under the Delaware guidance.
Option C: $25,000 surety bond and no NMLS processing fee
A surety bond is a coverage requirement, not the application fee pair asked here.
Option D: $75 test fee and $30 county recording fee
The cited Delaware fee guidance does not state a $75 test fee or county recording fee for application.
Memory Technique
DE-C008 -> Delaware-application-fees-and-background
Exam Tip
Separate application-time fees from post-approval licensing and annual supervisory assessment.
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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