3 Hour SC-DCA SAFE: Pre-Licensing Education Course
This is a South Carolina-DCA-specific classroom equivalent (CEQ) pre-licensing education elective course for new mortgage loan originators (MLOs). This course satisfies the 3 hour South Carolina-DCA mortgage pre-licensure education requirement.
$98.97
By the end of this course, learners will be able to:
- Understand the responsibilities and authority of both the SC-BFI and SC-DCA.
- Relate the requirements for licensure as a mortgage broker.
- Identify the requirements for licensure as a mortgage lender.
- Describe the requirements for licensure as a mortgage loan originator.
- Discuss the mortgage log requirements.
- Understand what is considered a prohibited act.
- Relate the requirements for disclosures and advertising.
- Identify the requirements for escrow accounts.
- Understand what options the regulatory authority has to enforce applicable South Carolina law.
- Relate the process for disciplinary actions.
- Identify possible penalties for violations.
Chapter 1: Licensing Law and Regulation
Chapter 2: Compliance
Chapter 3: Disciplinary Action
