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

Question: 1 / 400

Within how many days must the Commissioner approve or deny a completed license application?

30 days

The correct answer is 30 days because according to West Virginia mortgage licensing regulations, the Commissioner is required to take action on a completed license application within this timeframe. This provision ensures that applicants receive timely feedback on their licensing status, facilitating efficient processing and minimizing delays in obtaining a mortgage license. This timeframe is important for maintaining transparency and accountability in the licensing process, allowing both the Commissioner and the applicants to adhere to a clear timeline for application decisions.

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60 days

45 days

90 days

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