PE: 3-Hour South Carolina (DCA)

NMLS Course Number: 11205

Pre-Licensure Education Requirements (DCA)

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-DCA/BFI law = 20 South Carolina DCA/BFI has a requirement for 3 hours of instruction on state-specific law which may be satisfied by either taking a SC-DCA/BFI comprehensive course or a state-specific elective course.