Which type of license is NOT obtained from the BFI?

The correct answer is based on the fact that a real estate agent license is not issued by the Bureau of Financial Institutions (BFI). In South Carolina, the BFI is responsible for overseeing the licensing and regulation of financial institutions, including the mortgage lending industry. This includes the issuance of licenses such as the mortgage lender/servicer license, the mortgage loan originator license, and the mortgage lender/servicer branch license, as these directly pertain to mortgage operations and lending practices.

In contrast, a real estate agent license is typically regulated by a different governing body, such as the South Carolina Real Estate Commission, which focuses specifically on real estate transactions and real estate professionals. This distinction is important for understanding the relevant regulations and licensing requirements within the state, particularly for those involved in mortgage lending and real estate.