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A mortgage company asks a branch supervisor to validate a Florida new-license application involving continuing education and renewal. Which statement is reliable?

Correct Answer

C) Florida loan originator applicants must satisfy minimum age, character, fitness, financial-responsibility, criminal-history, education, and testing standards before OFR approves the license.

Florida loan originator applicants must satisfy minimum age, character, fitness, financial-responsibility, criminal-history, education, and testing standards before OFR approves the license.

Answer Options
A
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
B
Use another jurisdiction's approval as a substitute for the Florida requirement.
C
Florida loan originator applicants must satisfy minimum age, character, fitness, financial-responsibility, criminal-history, education, and testing standards before OFR approves the license.
D
Treat the requirement as waived because the borrower or employer agrees.

Why This Is the Correct Answer

Florida loan originator applicants must satisfy minimum age, character, fitness, financial-responsibility, criminal-history, education, and testing standards before OFR approves the license.

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