California vs New York for MLO Licensing
Total Fees
$491
CA
vs
$455.5
NY
Pre-Licensing
20 hrs
CA
vs
20 hrs
NY
Timeline
4-8 wks
CA
vs
8-16 wks
NY
Side-by-Side Comparison
| Category | California | New York |
|---|---|---|
| Total Fees | $491 | $455.5 ✓ |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 8-16 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $300 | $254 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New York is $35.5 cheaper for total licensing fees.
Winner: New York
→
Processing Speed
California processes applications in 4-8 weeks.
Winner: California
Category Winners
Lower Cost
New York $455.5
vs California ($491)
Fewer Hours
California 20 hrs
vs New York (20 hrs)
Faster Processing
California 4-8 wks
vs New York (8-16 wks)
Compare More States
Compare California MLO License
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Compare New York MLO License
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