Which of the following can indicate a lack of financial responsibility for a mortgage license application?

Outstanding tax liens are a significant indicator of a lack of financial responsibility when applying for a mortgage license. Tax liens arise when an individual fails to pay their tax liabilities, which can severely impact their financial stability and trustworthiness as a borrower or licensee. This situation suggests a history of financial neglect that could raise concerns for lenders or regulators regarding the applicant's reliability in managing financial obligations.

In contrast, high income levels typically reflect a capability to manage and repay debts, which would generally be seen as a positive factor in a mortgage license application. Excellent credit history is another strong indicator of financial responsibility, showcasing an applicant’s track record of meeting past credit obligations. Lastly, past employment history, while important for demonstrating stability, does not directly correlate with financial responsibility in the same way tax liens do. Thus, outstanding tax liens stand out as a clear red flag indicating potential issues with financial responsibility.