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For a New Jersey training scenario, a policy analyst is training staff on continuing education and renewal. Which answer should be used?

Correct Answer

D) New Jersey RMLA application fees listed by DOBI are $1200 for a business entity, $1000 for a branch office, $500 for a qualified individual, and $150 for a mortgage loan originator, plus NMLS processing fees.

New Jersey RMLA application fees listed by DOBI are $1200 for a business entity, $1000 for a branch office, $500 for a qualified individual, and $150 for a mortgage loan originator, plus NMLS processing fees.

Answer Options
A
Rely on prior mortgage experience instead of the stated licensing or compliance requirement.
B
Continue the activity and document the issue only if a complaint is later filed.
C
Let the MLO originate while waiting for the New Jersey status, sponsorship, or renewal issue to be corrected.
D
New Jersey RMLA application fees listed by DOBI are $1200 for a business entity, $1000 for a branch office, $500 for a qualified individual, and $150 for a mortgage loan originator, plus NMLS processing fees.

Why This Is the Correct Answer

New Jersey RMLA application fees listed by DOBI are $1200 for a business entity, $1000 for a branch office, $500 for a qualified individual, and $150 for a mortgage loan originator, plus NMLS processing fees.

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