Alaska vs Minnesota for MLO Licensing

Total Fees

$541.25

AK

vs

$281.25

MN

Pre-Licensing

20 hrs

AK

vs

20 hrs

MN

Timeline

4-8 wks

AK

vs

4-8 wks

MN

Side-by-Side Comparison

Category	Alaska	Minnesota
Total Fees	$541.25	$281.25 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$350	$50 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Minnesota is $260 cheaper for total licensing fees.

Winner: Minnesota

Category Winners

Lower Cost

Minnesota $281.25

vs Alaska ($541.25)

Fewer Hours

Alaska 20 hrs

vs Minnesota (20 hrs)

Faster Processing

Alaska 4-8 wks

vs Minnesota (4-8 wks)

Alaska

Alaska Division of Banking and Securities

Official Website →

Full Alaska MLO requirements →

Minnesota

Minnesota Department of Commerce

Official Website →

Full Minnesota MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool

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Compare Minnesota MLO License