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Connecticut vs Maine for MLO Licensing

Total Fees
$491.25
CT
vs
$271.25
ME
Pre-Licensing
21 hrs
CT
vs
20 hrs
ME
Timeline
4-8 wks
CT
vs
8-16 wks
ME

Side-by-Side Comparison

Category Connecticut Maine
Total Fees $491.25 $271.25
Pre-Licensing Hours 21 hrs 20 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $300 $80
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maine is $220 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Processing Speed

Connecticut processes applications in 4-8 weeks.

Winner: Connecticut

Category Winners

Lower Cost
Maine $271.25
vs Connecticut ($491.25)
Fewer Hours
Maine 20 hrs
vs Connecticut (21 hrs)
Faster Processing
Connecticut 4-8 wks
vs Maine (8-16 wks)

Connecticut

Connecticut Department of Banking

Official Website →

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

Compare More States

Compare Connecticut MLO License

Compare Maine MLO License