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Become A Mortgage Broker In South Carolina
Posted to: Mortgage License Information
Thursday, September 04, 2008 4:26 PM
Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of South Carolina or anyone looking to become a mortgage broker in South Carolina. The South Carolina Department of Consumer Affairs, www.scconsumer.gov , handles all aspects of regulating and supervising Mortgage Brokers who work within the state. The term 'Mortgage Loan Broker,' was used until recently to mean a 'Mortgage Broker.' Even though licensed in another state, Mortgage Brokers must still be licensed in South Carolina if doing even one transaction. Co-brokering is not allowed; one must be a licensed Mortgage Broker in order to negotiate loans in South Carolina. Applicants who desire to become a Mortgage Broker in South Carolina pay an Initial Filing Fee of $750 and...
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