Florida Mortgage Broker School
S.C CPE#021001

South Carolina State Requirements

Regulated By:  Department of Consumer Affairs, Legal Division

Address: 3600 Forest Drive, Third Floor, P.O. Box 5757, Columbia, SC 29250-5757

 

Phone/Fax Numbers: (803)734-4200/(803)734-4286    

 

Website Address: http://www.state.sc.us/consumer/

 

 

Mortgage Loan Broker

Loan Originator

Application

$750 (License Fee), $200 (Processing Fee), $150 (Satellite Office Fee)

$50

Testing/Initial Education

2 years experience or 2 years employment with a federally insured deposit institution or completion of education requirements

2 years experience or 2 years employment with a federally insured deposit institution or completion of education requirements

CE Requirement

8 Hours (Annually)

8 Hours (Annually)

Surety Bond

$10,000

N/A

Fingerprints/Criminal Background

$25

$25

Net Worth

N/A

N/A

Credit Report

N/A

N/A

Experience

N/A

N/A

Renewals

September 30-$550 (Renewal), $150 for each satellite office

September 30 -Loan Originator: $50