Uniform State Content (SAFE Act)Question 360 of 400
Under the SAFE Act, how many hours of NMLS-approved pre-licensing education must an applicant complete to qualify for a state MLO license?
a.8 hours
b.12 hours
c.16 hours
d.20 hours
Explanation
The SAFE Act requires a minimum of 20 hours of NMLS-approved pre-licensing education, including 3 hours of federal law, 3 hours of ethics, and 2 hours of nontraditional mortgage lending. Individual states may require additional hours beyond the 20-hour federal minimum.
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