Question 30
Domain 2: Mortgage Loan Origination ActivitiesHow many hours of continuing education must a licensed MLO complete annually?
Correct answer: C
Explanation
A licensed MLO must complete “8 hours” of continuing education each year under the SAFE Act and NMLS continuing education requirements. This annual minimum is the standard CE requirement for maintaining an active MLO license.
Why each option is right or wrong
A. 4 hours
B. 6 hours
C. 8 hours
Under the SAFE Act, a licensed mortgage loan originator must complete at least 8 hours of NMLS-approved continuing education each year to remain eligible for renewal. The 8-hour minimum is set by 12 U.S.C. § 5104(c) and implemented in the NMLS continuing education rules, which require annual completion before license renewal.
D. 12 hours