Uniform State Test (UST) · 11% of the SAFE examhard
Correct answer: Kevin is not required to retake the exam under the SAFE Act because his license lapsed for less than five years, though state-specific reinstatement and continuing education requirements may apply
The SAFE Act requires retesting only when a state-licensed MLO fails to maintain a valid license for five years or longer (not counting any period as a registered MLO). Kevin's license lapsed four years ago — under the five-year threshold — so he is not required to retake the national exam under the SAFE Act. Answer (A) incorrectly applies a three-year threshold that does not exist in the SAFE Act. Answer (C) is wrong — a lapsed license does not result in a permanent bar. Answer (D) misapplies the rule; five years have not elapsed, so retesting is not federally required. Note that states may impose additional reinstatement requirements, including continuing education completion, so Kevin should check his state's specific rules.
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