California vs North Dakota for MLO Licensing

Total Fees

$491

CA

vs

$266

ND

Pre-Licensing

20 hrs

CA

vs

20 hrs

ND

Timeline

4-8 wks

CA

vs

4-8 wks

ND

Side-by-Side Comparison

Category	California	North Dakota
Total Fees	$491	$266 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$300	$75 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

North Dakota is $225 cheaper for total licensing fees.

Winner: North Dakota

Category Winners

Lower Cost

North Dakota $266

vs California ($491)

Fewer Hours

California 20 hrs

vs North Dakota (20 hrs)

Faster Processing

California 4-8 wks

vs North Dakota (4-8 wks)

California

California Department of Financial Protection and Innovation

Official Website →

Full California MLO requirements →

North Dakota

North Dakota Department of Financial Institutions

Official Website →

Full North Dakota MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool

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Compare North Dakota MLO License