Finance
Under NC law, a person who provides real estate financing (makes mortgage loans) must hold what type of license?
AA NC real estate broker's license
BA NC mortgage loan originator (MLO) license under the NC SAFE Act✓ Correct
CA securities dealer license
DNo license is required
Explanation
Mortgage loan originators in NC must be licensed under the NC SAFE Mortgage Licensing Act (administered by the NC Office of the Commissioner of Banks), which implements the federal SAFE Act.
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