Ditch the Pitch
The South Carolina Department of Consumer Affairs will close Friday, January 10 at noon. We will resume normal operating hours on Monday, January 13.
You can file a complaint and submit applications for licensing online. Filings you do not wish to make or that are not available online can be submitted via mail for processing. You can also email general questions to scdca@scconsumer.gov.
COLUMBIA, S.C. – The South Carolina Department of Consumer Affairs (SCDCA) is releasing its 2022 Mortgage Log Report. The report compares mortgage application data received from licensed brokers and lenders for calendar year 2022.
Mortgage brokers and lenders processed 192,163 mortgage applications, 59% less than the number of mortgage applications taken in 2021 (304,914) and falling in between the number received in 2020 (265,651) and for 2019 (163,511). The amount is still significantly higher than those taken in 2018 (131,309), however. The percentage of females and African Americans applying for a mortgage increased approximately 3% and 4%, respectively.
Other highlights include:
The full 2022 Mortgage Log Report is available here. SCDCA will cover the report in an upcoming webinar on July 13, 2023 at 2 p.m. You can register by clicking here.
Considering refinancing or purchasing a home? SCDCA encourages consumers to background a business before signing on the dotted line. Consumers should visit SCDCA’s website for links to licensing agencies and to check complaints. Simply go to consumer.sc.gov and click “How Do I…” then “Background a Business?”