Arkansas vs Iowa for MLO Licensing

Total Fees

$241.25

AR

vs

$241.25

IA

Pre-Licensing

20 hrs

AR

vs

20 hrs

IA

Timeline

8-16 wks

AR

vs

4-8 wks

IA

Side-by-Side Comparison

Category	Arkansas	Iowa
Total Fees	$241.25	$241.25
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	8-16 weeks	4-8 weeks ✓
Renewal Cycle	N/A	N/A
Renewal Fee	$50	$50
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Processing Speed

Iowa processes applications in 4-8 weeks.

Winner: Iowa

Category Winners

Lower Cost

Arkansas $241.25

vs Iowa ($241.25)

Fewer Hours

Arkansas 20 hrs

vs Iowa (20 hrs)

Faster Processing

Iowa 4-8 wks

vs Arkansas (8-16 wks)

Arkansas

Arkansas Securities Department

Official Website →

Full Arkansas MLO requirements →

Iowa

Iowa Division of Banking

Official Website →

Full Iowa MLO requirements →

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