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Alabama vs New Hampshire for MLO Licensing

Total Fees
$266.25
AL
vs
$326.25
NH
Pre-Licensing
20 hrs
AL
vs
22 hrs
NH
Timeline
4-8 wks
AL
vs
6-12 wks
NH

Side-by-Side Comparison

Category Alabama New Hampshire
Total Fees $266.25 $326.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 4-8 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $75 $130
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Alabama is $60 cheaper for total licensing fees.

Winner: Alabama

Education Hours

Alabama requires only 20 pre-licensing hours.

Winner: Alabama

Processing Speed

Alabama processes applications in 4-8 weeks.

Winner: Alabama

Category Winners

Lower Cost
Alabama $266.25
vs New Hampshire ($326.25)
Fewer Hours
Alabama 20 hrs
vs New Hampshire (22 hrs)
Faster Processing
Alabama 4-8 wks
vs New Hampshire (6-12 wks)

Alabama

Alabama State Banking Department

Official Website →

New Hampshire

New Hampshire Banking Department

Official Website →

Compare More States

Compare Alabama MLO License

Compare New Hampshire MLO License