Uniform State Test (UST) · 11% of the SAFE exammedium
Correct answer: A marketing coordinator who designs promotional materials for mortgage products without engaging borrowers directly about loan terms
A marketing coordinator who designs promotional materials but does not take applications, collect borrower information, or negotiate mortgage terms falls outside the MLO definition and would not need to be licensed. "A marketing coordinator who designs promotional mate..." is incorrect — a loan officer who meets borrowers and explains loan options likely meets the MLO definition. "A loan officer who meets with borrowers and explains..." is incorrect — a branch manager who reviews applications and coaches MLOs on rate negotiations is participating in the origination process and likely meets the MLO definition. "A branch manager who reviews loan applications submi..." is incorrect — translating and negotiating mortgage terms on behalf of borrowers clearly constitutes MLO activity requiring a license.
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