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During an Ohio branch onboarding review, a training manager must resolve a question about licensing and NMLS authority. Which statement should control?

Correct Answer

C) Ohio operations-manager qualifying experience may include residential mortgage loan soliciting, processing, placing, negotiating, underwriting, closing, or operations management, but not standalone real estate salesperson, appraiser, title, insurance, or similar excluded roles.

Ohio operations-manager qualifying experience may include residential mortgage loan soliciting, processing, placing, negotiating, underwriting, closing, or operations management, but not standalone real estate salesperson, appraiser, title, insurance, or similar excluded roles.

Answer Options
A
Use a verbal explanation instead of the required license status, disclosure, record, or filing.
B
Use a new-license application exception instead of satisfying the rule before activity continues.
C
Ohio operations-manager qualifying experience may include residential mortgage loan soliciting, processing, placing, negotiating, underwriting, closing, or operations management, but not standalone real estate salesperson, appraiser, title, insurance, or similar excluded roles.
D
Close or renew first, then decide whether the new-license application needs a compliance correction.

Why This Is the Correct Answer

Ohio operations-manager qualifying experience may include residential mortgage loan soliciting, processing, placing, negotiating, underwriting, closing, or operations management, but not standalone real estate salesperson, appraiser, title, insurance, or similar excluded roles.

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