As a registered mortgage loan originator, which requirement might Kenneth NOT need to satisfy at Friendly Neighbor Mortgage Company?

The requirement that Kenneth might not need to satisfy at Friendly Neighbor Mortgage Company is related to taking a comprehensive finance exam. Registered mortgage loan originators typically do not need to take an additional comprehensive exam if they are working under the supervision of a licensed individual or company.

In Ohio, the licensing and education requirements for mortgage loan originators may vary, and as long as Kenneth is registered and working in accordance with the regulations, he may not need to demonstrate proficiency through a separate finance exam. This is because registered MLOs often work under a licensed broker or entity that has already fulfilled these educational and testing requirements, thereby exempting them from needing to take an additional test on finance.

Understanding the distinction between registered and licensed MLOs is crucial; registered originators generally have fewer requirements compared to their licensed counterparts, particularly in how they demonstrate their qualifications.