
South Carolina Regulatory Agency Disclosure Form


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- Check the Help section and contact our Support team if you run into any problems when using the editor.
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People also ask
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What is the maximum amount that a borrower can prepay without penalty South Carolina?
South Carolina Law: Unlike many states, South Carolina has always prohibited the charging of a prepayment penalty for any mortgage loans that are less than $100,000. 37-5-102. This law has been modified under the new Act. First, the new Act will prohibit prepayment penalties for home mortgages only. -
What is Section 37 10 102 of the South Carolina Consumer Protection Code?
Section 37-10-102 of the South Carolina Consumer Protection Code requires a creditor to ascertain and comply with the consumer's preference as to the legal counsel the consumer wants to hire to conduct the transaction. -
What is the sc regulatory agency to receive borrower complaints disclosure?
The S.C. Department of Consumer Affairs is designated to receive complaints or inquiries about the origination and brokering of your mortgage. You may make a complaint to the agency by mail, telephone, or online. -
What is disturbing the peace law in South Carolina?
The State of South Carolina bears the Burden of Proof for criminal charges in SC. The crime of public disorderly conduct is a misdemeanor which carries a maximum period of incarceration of 30 days in a county or municipal jail OR a monetary fine in the maximum amount of $100. -
What is the statute of limitations on a mortgage in South Carolina?
No mortgage or deed having the effect of a mortgage or other lien shall constitute a lien upon any real estate after the lapse of twenty years from the date for the maturity of the lien. -
What is Section 37 23 70 in South Carolina?
SECTION 37-23-70. Prohibited acts; complaints; penalties; statute of limitations; enforcement; costs. (A) A lender may not engage knowingly or intentionally in the unfair act or practice of "flipping" a consumer home loan.
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