According to the SAFE act, which of the following defines a loan originator?

The definition of a loan originator under the SAFE Act encompasses both the activities of offering or negotiating the terms of a residential mortgage, as well as taking a residential mortgage loan application. Therefore, the correct choice is the one that combines these two critical functions.

A loan originator is primarily responsible for guiding consumers through the mortgage process, which includes presenting and negotiating terms to help borrowers understand their options. Additionally, taking applications is a fundamental responsibility that involves collecting necessary details and documentation from borrowers to initiate the loan underwriting process.

By encompassing both of these aspects, the selected answer reflects a comprehensive understanding of the role of loan originators as defined by the SAFE Act, which is crucial for ensuring compliance and facilitating proper mortgage practices.