1 Hour South Carolina-BFI SAFE: South Carolina State Law Continuing Education [NMLS #12580]
Course Format: Online / Self-Paced
Credit Hours: 1 Hour CE
NMLS Approval #12580
This brand new continuing education elective course is approved by the Nationwide Mortgage Licensing System (NMLS) (#12580) 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 for 2021 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 legislative updates, required behaviors, as well as prohibited acts and penalties.