A borrower asks an MLO to submit their loan application to multiple lenders simultaneously without disclosing this to each lender. What should the MLO do?
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A
Submit to all lenders as requested since it benefits the borrower
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B
Refuse and explain that undisclosed multiple submissions are improper
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C
Submit to all lenders but note it on the application
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D
Submit only to the lender most likely to approve the loan