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 State Licensing Requirements

 
Company Licenses Description Requirements Checklist
Mortgage Broker License This License is required of any company, who for compensation or gain, or in the expectation of compensation or gain, directly or indirectly solicits, processes, places, or negotiates a mortgage loan on a South Carolina dwelling for a borrower from a mortgage lender or depository institution, or tablefunds or acts as loan correspondent or brings borrowers and lenders together to obtain a mortgage loan. (More Details)
Branch Licenses Description Requirements Checklist
Mortgage Broker Branch License This license is required for each location of a Mortgage Broker, other than the main/principal/corporate office, that is separate and distinct from the principal place of business, whether in South Carolina or not, and where origination of mortgage loans on South Carolina dwellings is conducted. (More Details)
Individual Licenses Description Requirements Checklist
Mortgage Broker Loan Originator License This license is required for an employee of a mortgage broker, who for compensation or gain, or in the expectation of compensation or gain, directly or indirectly solicits, processes, places, or negotiates a mortgage loan on a South Carolina dwelling for a borrower from a mortgage lender or depository institution, or tablefunds or acts as loan correspondent or brings borrowers and lenders together to obtain a mortgage loan. (More Details)
Mortgage Broker Qualified Loan Originator License This license is required for a natural person that is not an employee of a mortgage broker but works exclusively for a single mortgage broker licensee, who for compensation or gain, or in the expectation of compensation or gain, directly or indirectly solicits, processes, places, or negotiates a mortgage loan on a South Carolina dwelling for a borrower from a mortgage lender or depository institution, or tablefunds or acts as loan correspondent or brings borrowers and lenders together to obtain a mortgage loan. (More Details)
 

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