Alaska vs Michigan for MLO Licensing

Total Fees

$541.25

AK

vs

$471.25

MI

Pre-Licensing

20 hrs

AK

vs

20 hrs

MI

Timeline

4-8 wks

AK

vs

4-8 wks

MI

Side-by-Side Comparison

Category	Alaska	Michigan
Total Fees	$541.25	$471.25 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$350	$100 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Michigan is $70 cheaper for total licensing fees.

Winner: Michigan

Category Winners

Lower Cost

Michigan $471.25

vs Alaska ($541.25)

Fewer Hours

Alaska 20 hrs

vs Michigan (20 hrs)

Faster Processing

Alaska 4-8 wks

vs Michigan (4-8 wks)

Alaska

Alaska Division of Banking and Securities

Official Website →

Full Alaska MLO requirements →

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Full Michigan MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool

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Compare Michigan MLO License