Which of the following must be included in an MLO's records according to regulatory requirements?

The requirement for including the loan application and supporting documents in an MLO's records is grounded in regulatory compliance and ensures that accurate and complete records are maintained throughout the loan origination process. These documents are critical because they provide a comprehensive overview of the borrower's financial situation, creditworthiness, and the terms of the loan being applied for. This documentation is essential not only for underwriting and processing the loan but also for audits, compliance checks, and addressing any potential investigator inquiries. By maintaining these records, the MLO demonstrates adherence to industry standards and regulatory requirements, thereby aiding in consumer protection and promoting ethical lending practices.

While marketing materials, borrower correspondence, and personal financial statements hold relevance in certain contexts, they do not hold the same regulatory significance when it comes to required record-keeping for MLOs.