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A licensing specialist is reviewing an Illinois file for SAFE testing. Which conclusion is best supported?

Correct Answer

C) Illinois follows SAFE MLO testing rules, including the stated score, waiting-period, and expiration requirements.

Illinois MLO testing requires a score of at least 75 percent; an individual may retake the test 3 consecutive times with at least 30 days between retakes, must wait at least 6 months after 3 consecutive failures, and must retake the test after failing to maintain a valid license for 5 years or longer excluding time as a registered MLO.

Answer Options
A
Postpone the Illinois continuing education and renewal issue until the next annual review.
B
Use only the federal baseline and ignore the separate Illinois state requirement.
C
Illinois follows SAFE MLO testing rules, including the stated score, waiting-period, and expiration requirements.
D
Apply the rule only after the Illinois regulator has already opened an examination.

Why This Is the Correct Answer

Illinois MLO testing requires a score of at least 75 percent; an individual may retake the test 3 consecutive times with at least 30 days between retakes, must wait at least 6 months after 3 consecutive failures, and must retake the test after failing to maintain a valid license for 5 years or longer excluding time as a registered MLO.

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