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A compliance trainer wants one accurate takeaway about Texas pre-licensure education. Which statement should be used?

Correct Answer

A) NMLS lists Texas-OCCC pre-licensure education as the SAFE 20-hour baseline: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, and 12 electives.

NMLS lists Texas-OCCC pre-licensure education as the SAFE 20-hour baseline: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, and 12 electives.

Answer Options
A
NMLS lists Texas-OCCC pre-licensure education as the SAFE 20-hour baseline: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, and 12 electives.
B
Assume the Texas requirement does not apply to this training scenario.
C
Treat continuing education and renewal as satisfied by borrower consent alone.
D
Delay the Texas requirement until after the loan closes or the renewal period ends.

Why This Is the Correct Answer

NMLS lists Texas-OCCC pre-licensure education as the SAFE 20-hour baseline: 3 federal law, 3 ethics, 2 nontraditional mortgage lending, and 12 electives.

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