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Colorado vs South Dakota for MLO Licensing

Total Fees
$395
CO
vs
$341.25
SD
Pre-Licensing
20 hrs
CO
vs
20 hrs
SD
Timeline
4-10 wks
CO
vs
6-12 wks
SD

Side-by-Side Comparison

Category Colorado South Dakota
Total Fees $395 $341.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-10 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $200 $150
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

South Dakota is $53.75 cheaper for total licensing fees.

Winner: South Dakota

Processing Speed

Colorado processes applications in 4-10 weeks.

Winner: Colorado

Category Winners

Lower Cost
South Dakota $341.25
vs Colorado ($395)
Fewer Hours
Colorado 20 hrs
vs South Dakota (20 hrs)
Faster Processing
Colorado 4-10 wks
vs South Dakota (6-12 wks)

Colorado

Colorado Division of Real Estate

Official Website →

South Dakota

South Dakota Division of Banking

Official Website →

Compare More States

Compare Colorado MLO License

Compare South Dakota MLO License