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Colorado vs Michigan for MLO Licensing

Total Fees
$395
CO
vs
$471.25
MI
Pre-Licensing
20 hrs
CO
vs
20 hrs
MI
Timeline
4-10 wks
CO
vs
4-8 wks
MI

Side-by-Side Comparison

Category Colorado Michigan
Total Fees $395 $471.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-10 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $200 $100
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Colorado is $76.25 cheaper for total licensing fees.

Winner: Colorado

Processing Speed

Michigan processes applications in 4-8 weeks.

Winner: Michigan

Category Winners

Lower Cost
Colorado $395
vs Michigan ($471.25)
Fewer Hours
Colorado 20 hrs
vs Michigan (20 hrs)
Faster Processing
Michigan 4-8 wks
vs Colorado (4-10 wks)

Colorado

Colorado Division of Real Estate

Official Website →

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Compare More States

Compare Colorado MLO License

Compare Michigan MLO License