What is the minimum number of hours required for MLO continuing education in Minnesota?

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In Minnesota, Mortgage Loan Originators (MLOs) are required to complete a minimum of 8 hours of continuing education every year. This requirement helps ensure that MLOs stay updated on the latest regulations, lending practices, and market conditions, thereby maintaining a high standard of professional knowledge and competency. The continuing education is essential for renewing licenses and provides MLOs with the tools they need to better serve their clients and comply with state and federal laws. Ensuring that these professionals participate in a robust education program is crucial for the integrity of the mortgage industry.

While the other options represent a smaller number of hours than what is mandated, they do not meet the minimum requirement set forth for MLOs in Minnesota. Therefore, 8 hours stands as the correct answer reflecting the current regulatory standards.

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