Skip to content

Iowa vs Minnesota for Broker Licensing

Total Fees
$490
IA
vs
$258
MN
Pre-Licensing
60 hrs
IA
vs
90 hrs
MN
Timeline
8-16 wks
IA
vs
6-12 wks
MN

Side-by-Side Comparison

Category Iowa Minnesota
Total Fees $490 $258
Pre-Licensing Hours 60 hrs 90 hrs
Processing Time 8-16 weeks 6-12 weeks
Renewal Cycle 3 years 2 years
Renewal Fee $170 N/A
CE Hours 36 hrs 30 hrs
Reciprocity Partial None

Key Differences

Cost

Minnesota is $232 cheaper for total licensing fees.

Winner: Minnesota

Education Hours

Iowa requires only 60 pre-licensing hours.

Winner: Iowa

Processing Speed

Minnesota processes applications in 6-12 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $258
vs Iowa ($490)
Fewer Hours
Iowa 60 hrs
vs Minnesota (90 hrs)
Faster Processing
Minnesota 6-12 wks
vs Iowa (8-16 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

Compare More States

Compare Iowa Broker License

Compare Minnesota Broker License