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3 Hour SC-BFI SAFE State Law PE OSS 11204

3 Hour SC-BFI SAFE State Law PE OSS 11204
$97.00

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3 Hour SC-BFI SAFE State Law PE OSS 11204

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Pre-Licensure Education Requirements (BFI)

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This education must include 3 hours of Federal law, 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, plus 12 hours of undefined education (referred to as electives). Number of hours is 3/3/2/9 + 3 hours of SC-BFI law = 20 South Carolina BFI has a requirement for 3 hours of instruction on state-specific law which may be satisfied by either taking a SC-BFI comprehensive course or a state-specific elective course.

 

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