Pre-licensing Education Online Self-Paced

3 Hour SC-BFI SAFE: Review of South Carolina Mortgage Law (OSP)

About This Course

Get up to speed on South Carolina-BFI specific mortgage law.This course addresses the lending statutes within South Carolina law that specifically apply to how mortgage professionals conduct business.You will review the South Carolina Board of Institutions, as well as many other topics, including those listed below.This South Carolina-BFI state elective is NMLS-approved for the three hours of state specific education required for mortgage professionals to attain a South Carolina-BFI mortgage license.


SKU 4309SC00450A00
24/7 access to your course online Certificate of completion

What You'll Learn

Explanation of the structure and authority of the South Carolina Board of Financial Institutions and the South Carolina Department of Consumer Affairs Rules for the licensing and operation of mortgage brokers and lenders, including surety bond requirements Required conduct for licensees Explanation of the mortgage broker fee agreement, proper fee disclosure and deadlines for providing Description of prohibited conduct under South Carolina law Summary of penalties resulting from non-disclosure with the law

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. Please note this course is only supported for laptop or desktop computers, as NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets.


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