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Alabama vs Montana for MLO Licensing

Total Fees
$266.25
AL
vs
$591.25
MT
Pre-Licensing
20 hrs
AL
vs
22 hrs
MT
Timeline
4-8 wks
AL
vs
3-6 wks
MT

Side-by-Side Comparison

Category Alabama Montana
Total Fees $266.25 $591.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 4-8 weeks 3-6 weeks
Renewal Cycle N/A N/A
Renewal Fee $75 $400
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Alabama is $325 cheaper for total licensing fees.

Winner: Alabama

Education Hours

Alabama requires only 20 pre-licensing hours.

Winner: Alabama

Processing Speed

Montana processes applications in 3-6 weeks.

Winner: Montana

Category Winners

Lower Cost
Alabama $266.25
vs Montana ($591.25)
Fewer Hours
Alabama 20 hrs
vs Montana (22 hrs)
Faster Processing
Montana 3-6 wks
vs Alabama (4-8 wks)

Alabama

Alabama State Banking Department

Official Website →

Montana

Montana Division of Banking and Financial Institutions

Official Website →

Compare More States

Compare Alabama MLO License

Compare Montana MLO License