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A training quiz asks about Oklahoma rules for SAFE testing. Which option gives the correct rule?

Correct Answer

B) Oklahoma MLO licensing requires state review of education, testing, criminal background, credit or financial responsibility, and other SAFE Act licensing standards.

Oklahoma MLO licensing requires state review of education, testing, criminal background, credit or financial responsibility, and other SAFE Act licensing standards.

Answer Options
A
Use another jurisdiction's approval as a substitute for the Oklahoma requirement.
B
Oklahoma MLO licensing requires state review of education, testing, criminal background, credit or financial responsibility, and other SAFE Act licensing standards.
C
Treat the requirement as waived because the borrower or employer agrees.
D
Assume another state's approval automatically satisfies the Oklahoma requirement.

Why This Is the Correct Answer

Oklahoma MLO licensing requires state review of education, testing, criminal background, credit or financial responsibility, and other SAFE Act licensing standards.

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