EstatePass
USThard11% of exam

A mortgage lender is revising its Idaho desk guide for SAFE testing. Which rule should remain in the guide?

Correct Answer

D) Idaho Department of Finance is the official state regulator source used for Idaho mortgage loan originator or mortgage licensing questions in this batch.

Idaho Department of Finance is the official state regulator source used for Idaho mortgage loan originator or mortgage licensing questions in this batch.

Answer Options
A
Apply the Idaho rule only to company licenses and never to individual MLO activity.
B
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
C
Use another jurisdiction's approval as a substitute for the Idaho requirement.
D
Idaho Department of Finance is the official state regulator source used for Idaho mortgage loan originator or mortgage licensing questions in this batch.

Why This Is the Correct Answer

Idaho Department of Finance is the official state regulator source used for Idaho mortgage loan originator or mortgage licensing questions in this batch.

Was this explanation helpful?

More UST Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing