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A sponsorship reviewer handling a South Carolina MLO sponsorship update needs the compliant answer for licensing and NMLS authority. What should the reviewer choose?

Correct Answer

C) A South Carolina licensee must clearly display the NMLS unique identifier on all mortgage loan forms, solicitations, advertisements including business cards or websites, and other documents furnished in connection with a mortgage loan transaction.

A South Carolina licensee must clearly display the NMLS unique identifier on all mortgage loan forms, solicitations, advertisements including business cards or websites, and other documents furnished in connection with a mortgage loan transaction.

Answer Options
A
Proceed before the required South Carolina license, sponsorship, disclosure, record, or approval is in place.
B
Use an informal manager exception without updating the license, file, or required record.
C
A South Carolina licensee must clearly display the NMLS unique identifier on all mortgage loan forms, solicitations, advertisements including business cards or websites, and other documents furnished in connection with a mortgage loan transaction.
D
Use a verbal explanation instead of the required license status, disclosure, record, or filing.

Why This Is the Correct Answer

A South Carolina licensee must clearly display the NMLS unique identifier on all mortgage loan forms, solicitations, advertisements including business cards or websites, and other documents furnished in connection with a mortgage loan transaction.

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