CRAM ARCADE Open App

As part of the NMLS state MLO licensing process, which of the following is used to conduct the required criminal history background check on applicants?

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

Show the answer and explanation

Correct answer: FBI fingerprint-based criminal background check

The SAFE Act requires all state MLO license applicants to submit to a criminal background check through FBI fingerprinting as part of the NMLS application process. This check reviews for felony convictions and other disqualifying criminal history. Separately, applicants must also authorize a credit report review as part of the financial responsibility assessment, but that is a distinct requirement from the criminal background check. Civil litigation records and personal reference checks are not the mechanism used for the mandatory criminal history review.

Drill 2,078 more questions like this, free

CRAM ARCADE has the full NMLS question bank, timed practice exams, focus drills on your weakest category, flashcards and spaced repetition. No credit card.

Start studying free