American Mortgage Licensing - South Carolina mortgage broker license, South Carolina mortgage broker licensing, state mortgage broker license South Carolina, South Carolina mortgage license, mortgage broker license in South Carolina, South Carolina mortgage lender license, mortgage licensing South Carolina, South Carolina mortgage broker license application, South Carolina mortgage broker license requirements
South Carolina Mortgage Broker License


 

South Carolina Mortgage Broker Requirements

Mortgage brokers in South Carolina are licensed and regulated by the South Carolina Department of Consumer Affairs.

Applicants seeking a South Carolina mortgage broker license are required to maintain a physical office within the state of South Carolina. Applicants must two years of mortgage lending experience while working under a licensed broker. One year of experience may be substituted with specific academic studies.

A surety bond in the amount of $10,000 is required.

There are no education requirements and mortgage brokers are not required to pass an exam.

South Carolina Mortgage Licensing Fees

The state of South Carolina charges an application fee in the amount of $500 and a licensing fee in the amount of $500.

For complete assistance on your South Carolina Mortgage License, call American Mortgage Licensing to start your project today, 469.688.8441.