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Connecticut vs Massachusetts for MLO Licensing

Total Fees
$491.25
CT
vs
$691.25
MA
Pre-Licensing
21 hrs
CT
vs
23 hrs
MA
Timeline
4-8 wks
CT
vs
8-16 wks
MA

Side-by-Side Comparison

Category Connecticut Massachusetts
Total Fees $491.25 $691.25
Pre-Licensing Hours 21 hrs 23 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $300 $500
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Connecticut is $200 cheaper for total licensing fees.

Winner: Connecticut

Education Hours

Connecticut requires only 21 pre-licensing hours.

Winner: Connecticut

Processing Speed

Connecticut processes applications in 4-8 weeks.

Winner: Connecticut

Category Winners

Lower Cost
Connecticut $491.25
vs Massachusetts ($691.25)
Fewer Hours
Connecticut 21 hrs
vs Massachusetts (23 hrs)
Faster Processing
Connecticut 4-8 wks
vs Massachusetts (8-16 wks)

Connecticut

Connecticut Department of Banking

Official Website →

Massachusetts

Massachusetts Division of Banks

Official Website →

Compare More States

Compare Connecticut MLO License

Compare Massachusetts MLO License