South Carolina SAFE / Mortgage Licensing
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South Carolina Mortgage Licensing Requirements
Mortgage Brokers in South Carolina are governed by SAFE Act rules for licensing and registration of mortgage loan originators. This allows easy access to a Loan Officer and Mortgage Broker's credentials and allows the public to know what kind of mortgage history these providers have.
Essentially, the SAFE Act requires that state-licensed Mortgage Loan Originators (MLOs) pass a written qualified test with a score of 75% or better, complete at least 20 hours of pre-licensing education courses, and take eight hours of annual continuing education courses.
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South Carolina Mortgage Broker Licensing Requirements
Mortgage Brokers in South Carolina can find additional details on South Carolina Mortgage Broker licensing requirements at:
State Of South Carolina Department Of Consumer Affairs
P.O. Box 5757
Columbia, SC 29250-5757
www.state.sc.us/consumer
803-734-4236
Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein.
