If a mortgage loan originator license has been revoked in another state, what is Utah's licensing outcome?

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Multiple Choice

If a mortgage loan originator license has been revoked in another state, what is Utah's licensing outcome?

Explanation:
Whenever a mortgage loan originator license has been revoked in another state, Utah will not issue or allow an MLO license to that individual. This reflects Utah’s stance that a revocation in another jurisdiction signals unfitness or misconduct, so the applicant is disqualified from licensure here. There isn’t a waiting period or a path to eventual licensure after a set number of years—the outcome is that the license cannot be obtained. This protects consumers by ensuring only those with a clean, compliant track record can operate as a licensee in Utah.

Whenever a mortgage loan originator license has been revoked in another state, Utah will not issue or allow an MLO license to that individual. This reflects Utah’s stance that a revocation in another jurisdiction signals unfitness or misconduct, so the applicant is disqualified from licensure here. There isn’t a waiting period or a path to eventual licensure after a set number of years—the outcome is that the license cannot be obtained. This protects consumers by ensuring only those with a clean, compliant track record can operate as a licensee in Utah.

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