A state compliance officer is updating Virginia procedures for mortgage operations checklist and flags continuing education and renewal. Which answer is accurate?
Correct Answer
D) Virginia MLO license applications are filed on a Registry-provided form and include the applicant name, residential address, employer or MLO activity address, background information, and a nonrefundable application fee not exceeding $150.
Virginia MLO license applications are filed on a Registry-provided form and include the applicant name, residential address, employer or MLO activity address, background information, and a nonrefundable application fee not exceeding $150.
Why This Is the Correct Answer
Virginia MLO license applications are filed on a Registry-provided form and include the applicant name, residential address, employer or MLO activity address, background information, and a nonrefundable application fee not exceeding $150.
More UST Questions
In a Missouri mortgage file, the loan file reviewer is asked to document licensing and NMLS authority before continuing. Which rule controls?
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