©THESTAR 2025 ALL RIGHTS RESERVED
Florida MLO State Test Exam Questions and
Answers 100% Pass
Financial Services Commission - ANS The governor and cabinet who select two officials to
regulate banking, securities, and insurance
Division of Finance - ANS Department responsible for licensing, examining and regulating
non-depository financial services companies in Florida
Bureau of Finance Regulation - ANS Conducts examinations of the books and records of
mortgage brokers, mortgage brokerage businesses and mortgage lenders to ensure compliance
Bureau of Money Transmitter Regulation - ANS Conducts examinations of funds transmitters,
payment instrument sellers, currency exchangers, and payday lenders to ensure compliance
Bureau of Regulatory Review - ANS reviews applications and processes amendments and
renewals for all individuals regulated by the division
December 31st each year - ANS Starting 2011 all licensed loan originators, brokers and
lenders will be required to renew their license by...
Regulatory Trust Fund of the office - ANS All fees, charges, and fines collected in
administration and enforcement of MLO regulations are deposited in...
, ©THESTAR 2025 ALL RIGHTS RESERVED
8 hours - ANS Amount of continuing education required for license maintenance
October 1st, 2010 - ANS When did the new definitions for the types of mortgage licenses go
into effect in Florida?
18 (with high school diploma or equivalent) - ANS What is the minimum age for applying for
an MLO license in Florida?
December 31st - ANS Final date for annual MLO license renewal in FL
contracting work with more than one licensed employer - ANS A loan originator licensee who
acts solely as a loan processor is exempt from...
The licensee must file an official declaration of intent to act solely as a loan processor. -
ANS In order to act solely as a loan processor
They must withdraw their declaration of intent with the commissioner. - ANS In the event a
licensed loan processor wishes to begin taking mortgage loan applications, then...
The company that employs the loan processor - ANS The fee earned by a loan processor may
be paid to...
at all times - ANS A loan processor who has declared intent must maintain licensure...
That they will only be allowed to perform mortgage origination activities for one licensee. -
ANS If a loan processor withdraws declaration of intent, then they must also aknowledge...
Florida MLO State Test Exam Questions and
Answers 100% Pass
Financial Services Commission - ANS The governor and cabinet who select two officials to
regulate banking, securities, and insurance
Division of Finance - ANS Department responsible for licensing, examining and regulating
non-depository financial services companies in Florida
Bureau of Finance Regulation - ANS Conducts examinations of the books and records of
mortgage brokers, mortgage brokerage businesses and mortgage lenders to ensure compliance
Bureau of Money Transmitter Regulation - ANS Conducts examinations of funds transmitters,
payment instrument sellers, currency exchangers, and payday lenders to ensure compliance
Bureau of Regulatory Review - ANS reviews applications and processes amendments and
renewals for all individuals regulated by the division
December 31st each year - ANS Starting 2011 all licensed loan originators, brokers and
lenders will be required to renew their license by...
Regulatory Trust Fund of the office - ANS All fees, charges, and fines collected in
administration and enforcement of MLO regulations are deposited in...
, ©THESTAR 2025 ALL RIGHTS RESERVED
8 hours - ANS Amount of continuing education required for license maintenance
October 1st, 2010 - ANS When did the new definitions for the types of mortgage licenses go
into effect in Florida?
18 (with high school diploma or equivalent) - ANS What is the minimum age for applying for
an MLO license in Florida?
December 31st - ANS Final date for annual MLO license renewal in FL
contracting work with more than one licensed employer - ANS A loan originator licensee who
acts solely as a loan processor is exempt from...
The licensee must file an official declaration of intent to act solely as a loan processor. -
ANS In order to act solely as a loan processor
They must withdraw their declaration of intent with the commissioner. - ANS In the event a
licensed loan processor wishes to begin taking mortgage loan applications, then...
The company that employs the loan processor - ANS The fee earned by a loan processor may
be paid to...
at all times - ANS A loan processor who has declared intent must maintain licensure...
That they will only be allowed to perform mortgage origination activities for one licensee. -
ANS If a loan processor withdraws declaration of intent, then they must also aknowledge...
