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an Ohio compliance file raises a continuing education and renewal question involving MLO testing uses an NMLS-developed and approved written test, and an applicant must answer at least 75 percent. Which statement is supported by the state rule?

Correct Answer

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

Ohio MLO testing uses an NMLS-developed and approved written test, and an applicant must answer at least 75 percent correctly to pass.

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
Delay the correction until after approval, closing, or a later complaint.
D
Ohio testing requirements must be satisfied under the SAFE/NMLS rule before the license can be relied on.

Why This Is the Correct Answer

Ohio MLO testing uses an NMLS-developed and approved written test, and an applicant must answer at least 75 percent correctly to pass.

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