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a Georgia compliance file raises a continuing education and renewal question involving MLO testing requires a passing score of 75 or higher on the SAFE Mortgage Loan Originator Test -. Which statement is supported by the state rule?

Correct Answer

C) Georgia testing requirements must be satisfied under the SAFE/NMLS rule before the license can be relied on.

Georgia MLO testing requires a passing score of 75 or higher on the SAFE Mortgage Loan Originator Test - National Component with Uniform State Content, and test results expire after 5 consecutive years without a valid MLO license or federal registration.

Answer Options
A
Rely on prior mortgage experience instead of the stated state or NMLS requirement.
B
Treat the file as complete without the required licensing documentation.
C
Georgia testing requirements must be satisfied under the SAFE/NMLS rule before the license can be relied on.
D
Delay the correction until after approval, closing, or a later complaint.

Why This Is the Correct Answer

Georgia MLO testing requires a passing score of 75 or higher on the SAFE Mortgage Loan Originator Test - National Component with Uniform State Content, and test results expire after 5 consecutive years without a valid MLO license or federal registration.

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