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Alabama vs Wyoming for MLO Licensing

Total Fees
$266.25
AL
vs
$311.25
WY
Pre-Licensing
20 hrs
AL
vs
20 hrs
WY
Timeline
4-8 wks
AL
vs
4-8 wks
WY

Side-by-Side Comparison

Category Alabama Wyoming
Total Fees $266.25 $311.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $75 $120
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Alabama is $45 cheaper for total licensing fees.

Winner: Alabama

Category Winners

Lower Cost
Alabama $266.25
vs Wyoming ($311.25)
Fewer Hours
Alabama 20 hrs
vs Wyoming (20 hrs)
Faster Processing
Alabama 4-8 wks
vs Wyoming (4-8 wks)

Alabama

Alabama State Banking Department

Official Website →

Wyoming

Wyoming Division of Banking

Official Website →

Compare More States

Compare Alabama MLO License

Compare Wyoming MLO License