CATEGORY: Courses in Progress (Don't Sell)

2022 SC-BFI 1HR CE: South Carolina MLO Online CE (#13630)

Course Access: Lifetime
Course Overview

1 Hour South Carolina-BFI SAFE: South Carolina
MLO Online Continuing Education [NMLS #13630]

Course Format: Online / Self-Paced
Credit Hours: 1 Hour CE
NMLS Approval #13630

This brand-new continuing education elective
course is approved by the Nationwide Mortgage Licensing System (NMLS) (#13630)
and meets South Carolina BFI’s requirement for one (1) hours of South
Carolina BFI-specific education.  Licensees must complete a minimum
of eight (8) hours of certified continuing education (CE) in order to renew
licenses. The education must include at least:

    • Three (3) hours of federal law and regulations;
    • Two (2) hours of ethics which includes fraud, consumer
      protection, and fair lending issues;
    • Two (2) hours of non-traditional lending;
    • One (1) hour of South Carolina-specific education.

As this course is brand new, anyone looking to
renew their South Carolina BFI MLO license in 2022 can take this course
regardless of which South Carolina CE course you may have completed last
year.  This South Carolina 1 Hour CE course meets the South Carolina Board
of Financial Institutions’ requirement for 1 hour of South Carolina-specific
defined electives, and will focus on key provisions of the mortgage broker and
mortgage lending act, licensee requirements, as well as prohibited acts and
penalties.