South Carolina BFI Mortgage Lending Continuing Education

Get started with your South Carolina - BFI mortgage loan officer CE online course today

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Choose the South Carolina Board of Financial Institutions (BFI) NMLS-approved mortgage continuing education course that is right for you

Our NMLS-approved South Carolina-BFI mortgage loan originator (MLO) CE courses help you stay licensed and compliant and are specifically designed for South Carolina-BFI mortgage loan officers.  We offer comprehensive and core courses as video or online self-paced.

7 Hour SAFE Core: Understanding Origination Regulations Video CE

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 4303US19150A00

$139.00

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Understanding Origination Regulations provides a review of relevant issues facing mortgage loan originators today, specifically those outlined by NMLS as required topics for continuing education. Students will examine provisions of the TILA-RESPA Integrated Disclosure Rule, including a look at the Loan Estimate and Closing Disclosure, as well as several laws that reinforce ethical obligations of mortgage licensees like Regulation N and the Bank Secrecy Act. Students will also review rules for the origination of FHA and VA loans.

8 Hour SC-BFI SAFE Comprehensive: Maintaining Mortgage Industry Awareness (Online)

Format | Online Self-Paced

Credit Hours | 8

Category | Comprehensive

SKU | 4303SC19000A00

$129.00

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Maintaining Mortgage Industry Awareness provides a review of relevant issues facing mortgage loan originators today, specifically those outlined by NMLS as required topics for continuing education. Students will examine provisions of the Truth-in-Lending Act, the TILA-RESPA Integrated Disclosure Rule, and the Qualified Mortgage Rule, including issues related to considering the triggers, tolerances, and thresholds that enable loan originators to determine when disclosures are due and what information is required. In addition, students will take a look at the Real Estate Settlement Procedures Act, specifically rules related to lead agreements, marketing services agreements, co-marketing, desk licensing agreements, and affiliated business arrangements. Students will also review several nontraditional mortgage products, such as adjustable-rate mortgages and fixed-rate mortgages with terms of 15 and 40 years. Finally, students will review mortgage laws and regulations specific to the state of South Carolina. This course is NMLS-approved for eight hours of continuing education required for South Carolina BFI mortgage loan originators, as specified by the S.A.F.E. Mortgage Licensing Act and South Carolina law. Annual S.A.F.E. Act continuing education requirements for South Carolina loan originators include three hours of federal law, two hours of ethics, two hours of nontraditional mortgage lending, and one hour of South Carolina BFI-specific laws and regulations, for a total of eight hours.

1 Hour SC-BFI SAFE: South Carolina Mortgage Law Updates (Webinar)

Format | Webinar

Credit Hours | 1

Category | Elective

SKU | 4303SC19500G00

$69.00

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This course will focus on the laws and rules that regulate mortgage loan originators, lenders, and brokers doing business in South Carolina. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will review provisions of South Carolina law and its accompanying regulations, including important definitions and information related to licensure. In Module 2, students will look at required conduct for licensees and disclosure requirements. Students will also spend time reviewing the South Carolina Reverse Mortgage Act.

1 Hour SC-BFI SAFE: South Carolina Mortgage Law Updates (Live)

Format | Classroom

Credit Hours | 1

Category | Elective

SKU | 4303SC19500B00

$69.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators, lenders, and brokers doing business in South Carolina. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will review provisions of South Carolina law and its accompanying regulations, including important definitions and information related to licensure. In Module 2, students will look at required conduct for licensees and disclosure requirements. Students will also spend time reviewing the South Carolina Reverse Mortgage Act.

1 Hour SC-BFI SAFE: South Carolina Mortgage Law Updates (Online)

Format | Online Self-Paced

Credit Hours | 1

Category | Elective

SKU | 4303SC19500A00

$39.00

More Info

This course will focus on the laws and rules that regulate mortgage loan originators, lenders, and brokers doing business in South Carolina. The topics included in this course are presented according to those outlined by the state as subjects that must be included in order to satisfy the continuing education requirements for mortgage loan originators. In Module 1, students will review provisions of South Carolina law and its accompanying regulations, including important definitions and information related to licensure. In Module 2, students will look at required conduct for licensees and disclosure requirements. Students will also spend time reviewing the South Carolina Reverse Mortgage Act.

 Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators and seasoned mortgage loan officers to take their learning experience to the next level. Get and maintain your NMLS license with NMLS-approved mortgage pre-licensing, continuing education, and late CE courses, plus exam prep tools to help you pass your NMLS license exam. With over 50 years of experience, we are proud to offer the ultimate learning experience no matter where you are at in your mortgage education journey.

We’ve helped over 300,000 mortgage brokers begin and advance their careers. Get started today!

South Carolina BFI Mortgage License Requirements

Learn about the South Carolina (BFI) mortgage education requirements for mortgage licensing.

In the state of South Carolina (BFI), mortgage loan originators are required to:

    1. Complete a Criminal Background Check (CBC).
    2. Authorize a credit report through the NMLS.
    3. Fulfill all state and federal education requirements as designated by your state agency.
    4. Take and pass both National Component and South Carolina State Component Tests.
    5. Have attained the age of at least eighteen years of age.
    6. Work for a licensed mortgage lender (W2 employee).
    7. Have never had a loan originator license revoked in any governmental jurisdiction.
    8. Have not been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign, or military court (1) during the ten-year period preceding the date of the application for licensing or (2) at any time, if the felony involved an act of fraud, dishonesty, breach of trust, or money laundering.
    9. Submission of an authorization to release.

South Carolina (BFI) NMLS Pre-Licensing Education Requirements:

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending training
  • 3 hours of South Carolina-specific law
  • 9 hours of electives

South Carolina (BFI) Continuing Education Requirements:

State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

  • 3 hours of federal law
  • 2 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 1 hour of South Carolina-specific law

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

South Carolina (BFI) Mortgage Licensing: 

NMLS Resources:

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