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An MLO license applicant reported on his application that he was convicted of aggravated assault 10 years ago. If he meets all other requirements for licensure, will the NMLS grant him a license?

A. He must wait an addition five years before he will be eligible to obtain a license, based on his criminal history.

B. No, his criminal history shows that he was found guilty of a Class A crime, which immediately disqualifies him from licensure.

C. Yes, because his criminal record doesn't show evidence of moral turpitude.

D. Yes, because more than five years have passed from the trigger date, he may receive a license.


An MLO License Applicant Reported On His Application That He Was Convicted Of Aggravated Assault 10 Years Ago If He Meets All Other Requirements For Licensure W class=