What is the minimum age requirement to become an MLO in South Carolina?

In South Carolina, the minimum age requirement to become a Mortgage Loan Originator (MLO) is 18 years old. This aligns with both federal and state regulations that set the baseline for eligibility. At 18, an individual is considered an adult and can enter into contracts, which is essential in the finance industry. Being of legal age ensures that MLOs can fulfill the legal obligations involved in lending practices and comply with regulatory requirements. Thus, meeting the age criterion is crucial for aspiring MLOs to begin their careers in this field.