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A training quiz asks about Texas rules for pre-licensure education. Which option gives the correct rule?

Correct Answer

A) NMLS lists Texas-SML pre-licensure education as 23 hours: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, 12 electives, and 3 Texas-SML law hours.

NMLS lists Texas-SML pre-licensure education as 23 hours: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, 12 electives, and 3 Texas-SML law hours.

Answer Options
A
NMLS lists Texas-SML pre-licensure education as 23 hours: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, 12 electives, and 3 Texas-SML law hours.
B
Assume another state's approval automatically satisfies the Texas requirement.
C
Apply the Texas rule only to company licenses and never to individual MLO activity.
D
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.

Why This Is the Correct Answer

NMLS lists Texas-SML pre-licensure education as 23 hours: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, 12 electives, and 3 Texas-SML law hours.

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