South Carolina mortgage licensing

Mortgage Broker and/or Correspondent Lender Licensing

License:  South Carolina DCA Mortgage Broker License*

*We recommend speaking with a licensing professional or contacting South Carolina prior to determining the correct license type.

Physical Office Required:  No
Qualifying Individual Required: Yes, in-state licensed SC branch manager, must be a SC licensed MLO
Minimum Net Worth:  None
Financial Statements:  Unaudited
Surety Bond Amount:  $25,000
Company License Fee:  $850


Mortgage Lender Licensing

License:  South Carolina BFI Mortgage Lender/Servicer License

Physical Office Required:  No
Qualifying Individual Required:  Yes, must be licensed SC MLO
Minimum Net Worth:  None
Financial Statements:  Unaudited (certified by officer)
Surety Bond Amount:  $50,000-$150,000
Company License Fee:  $1,100


Regulated by:

Department of Consumer Affairs
2221 Devine Street, 2nd Floor
Columbia, SC 29205
Phone: 803-734-4200
Fax: 803-734-4286

State Board of Financial Institutions
Consumer Finance Division
1205 Pendleton Street, Suite 306
Columbia, SC 29201-3756
Phone: 803-734-2020

Click on a state below for specific licensing information

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