Under North Carolina law, records must be kept for at least:

In North Carolina, the law governing mortgage loan originators requires that records related to the mortgage process be retained for a minimum of three years. This duration is important for ensuring compliance with regulatory requirements and allows for audits and reviews by both state regulators and federal agencies. Keeping detailed records for this period provides accountability and supports the integrity of mortgage transactions. Additionally, retaining these records helps protect both the lender and borrower in case any disputes arise or if additional information is needed regarding a mortgage application or loan process.