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A sponsorship reviewer handling a Pennsylvania state-law refresher needs the compliant answer for continuing education and renewal. What should the reviewer choose?

Correct Answer

D) Pennsylvania mortgage originator fees are $200 initial and $100 renewal, with enhanced fees of $225 initial and $125 renewal if the statutory 20 percent branch-license reduction condition applies.

Pennsylvania mortgage originator fees are $200 initial and $100 renewal, with enhanced fees of $225 initial and $125 renewal if the statutory 20 percent branch-license reduction condition applies.

Answer Options
A
Use another jurisdiction's approval as a substitute for the Pennsylvania requirement.
B
Treat the requirement as waived because the borrower or employer agrees.
C
Assume another state's approval automatically satisfies the Pennsylvania requirement.
D
Pennsylvania mortgage originator fees are $200 initial and $100 renewal, with enhanced fees of $225 initial and $125 renewal if the statutory 20 percent branch-license reduction condition applies.

Why This Is the Correct Answer

Pennsylvania mortgage originator fees are $200 initial and $100 renewal, with enhanced fees of $225 initial and $125 renewal if the statutory 20 percent branch-license reduction condition applies.

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