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During a mortgage transaction, a borrower asks an MLO for proof that he is properly licensed. The MLO provides a business card. Which element on that card would help the borrower independently verify the MLO's license status?

Uniform State Test (UST) · 11% of the SAFE exammedium

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Correct answer: The MLO's NMLS unique identifier number

The NMLS unique identifier allows consumers to search for an MLO's licensing history, current status, and any regulatory actions on the NMLS Consumer Access website. An email address, years of experience, or state bar number (which applies to attorneys, not MLOs) do not allow consumers to verify mortgage licensure. Many state and federal rules require MLOs to include their NMLS unique identifier on business cards and advertisements for this reason.

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