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A loan production team asks compliance about Oklahoma SAFE testing. Which answer is the best guidance?

Correct Answer

C) Oklahoma Department of Consumer Credit is the official state regulator source used for Oklahoma mortgage loan originator or mortgage licensing questions in this batch.

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

Answer Options
A
Treat continuing education and renewal as satisfied by borrower consent alone.
B
Delay the Oklahoma requirement until after the loan closes or the renewal period ends.
C
Oklahoma Department of Consumer Credit is the official state regulator source used for Oklahoma mortgage loan originator or mortgage licensing questions in this batch.
D
Treat consumer consent as a cure for a prohibited or missing compliance step.

Why This Is the Correct Answer

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

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