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Colorado vs Iowa for MLO Licensing

Total Fees
$395
CO
vs
$241.25
IA
Pre-Licensing
20 hrs
CO
vs
20 hrs
IA
Timeline
4-10 wks
CO
vs
4-8 wks
IA

Side-by-Side Comparison

Category Colorado Iowa
Total Fees $395 $241.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-10 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $200 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Iowa is $153.75 cheaper for total licensing fees.

Winner: Iowa

Processing Speed

Iowa processes applications in 4-8 weeks.

Winner: Iowa

Category Winners

Lower Cost
Iowa $241.25
vs Colorado ($395)
Fewer Hours
Colorado 20 hrs
vs Iowa (20 hrs)
Faster Processing
Iowa 4-8 wks
vs Colorado (4-10 wks)

Colorado

Colorado Division of Real Estate

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Compare Colorado MLO License

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