The SAFE Act sets minimum national standards but allows states to do which of the following?

a.Eliminate the surety bond requirement entirely
b.Waive the criminal background check for local applicants
c.Enact requirements that are more stringent than the federal minimums, such as additional education hours
d.Reduce the pre-licensing education below 20 hours

Explanation

The SAFE Act establishes a floor, not a ceiling. States must meet the federal minimum standards but are free to impose stricter requirements, such as additional state-specific education, higher bond amounts, or extra testing. They cannot go below the federal minimums.

Law Reference: SAFE Act

Practice all 400 questions free — no signup required.

Related questions on this topic

Last reviewed: · editorial process

PrepPass Editorial Team · Verified against NMLS SAFE Mortgage Loan Originator National Test · How we review
Report