Mortgage Courses

NMLS Provider #1400126

We are pleased to now offer an ONLINE version of the 20 Hour Mortgage Loan Originator SAFE Comprehensive Course and the required MLO Continuing Education through our partnership with the Association of Mortgage Educators, NMLS approved provider number 1400214. Click here for Online Mortgage Courses.

2011 Continuing Education Requirements:

South Carolina – BFI

Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year immediately following completion of PE (see chart below). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus one additional hour of undefined education (referred to as an elective). Number of hours is 3/2/2/1 = 8 Am I required to take Continuing Education this year?

If I completed SAFE Act PE in 2009 or 2010

and I was approved for an initial license in 2010

am I required to complete CE in 2011

YES

If I completed SAFE Act PE in 2009 or 2010

and I was approved for an initial license in 2011

am I required to complete CE in 2011

YES

If I completed SAFE Act PE in 2011

and I was approved for an initial license in 2011

am I required to complete CE in 2011

No


South Carolina – DCA

Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the first year after they are licensed (see chart below). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus one additional hour of undefined education (referred to as an elective). Number of hours is 3/2/2/1 = 8 Am I required to take Continuing Education this year?

If I completed SAFE Act PE in 2009 or 2010

and I was approved for an initial license in 2010

am I required to complete CE in 2011

YES

If I completed SAFE Act PE in 2009 or 2010

and I was approved for an initial license in 2011

am I required to complete CE in 2011

No

If I completed SAFE Act PE in 2011

and I was approved for an initial license in 2011

am I required to complete CE in 2011

No



Products

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8 Hour SAFE Comprehensive: Key Topics for MLOs
This course covers the following continuing education topics as required by the SAFE Act: Federal lending legislation: RESPA Rules, Regulations, and Disclosure (3 hrs), ethics: Mortgage Fraud (2 hrs), and nontraditional mortgage products: The Reverse Mortgage (2 hrs). Also included is 1 hour of elective topics on Income Analysis for the Self-employed Borrower. Course #: 2427. Class is $175 plus $12 NMLS Reporting Fee.

Our price: $187.00
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Mortgage Review - State Packet for SC Portion of MLO Examination
The Mortgage State Study Packet includes relevant information needed when sitting for the South Carolina portion of the mortgage loan originator exam and complies with the SAFE Act. This packet includes a key point review, sample test questions, the SC state content outline for the exam, details on taxation and the SC Consumer Protection Code. Available by hard-copy via US Mail or by email.

Our price: $28.00
Quantity