Ace the West Virginia Mortgage Law 2025 Quiz – Unlock Your Path to Success!

Question: 1 / 400

Which of the following is not considered a prohibited act under West Virginia's SAFE Mortgage Licensing Act?

Advertising specific interest rates, points, or financing terms that are not available

This means that advertising specific interest rates, points, or financing terms that are not available is not considered a prohibited act under West Virginia's SAFE Mortgage Licensing Act. However, it is important to note that conducting business without a valid license, fraud, and obtaining property by fraud are all prohibited acts under this act. This makes Option A the only incorrect answer, as it is not a prohibited act.

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Conducting business without a valid license

Fraud or misrepresentation

Obtaining property by fraud or misrepresentation

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