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Connecticut vs Minnesota for MLO Licensing

Total Fees
$491.25
CT
vs
$281.25
MN
Pre-Licensing
21 hrs
CT
vs
20 hrs
MN
Timeline
4-8 wks
CT
vs
4-8 wks
MN

Side-by-Side Comparison

Category Connecticut Minnesota
Total Fees $491.25 $281.25
Pre-Licensing Hours 21 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $300 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Minnesota is $210 cheaper for total licensing fees.

Winner: Minnesota

Education Hours

Minnesota requires only 20 pre-licensing hours.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $281.25
vs Connecticut ($491.25)
Fewer Hours
Minnesota 20 hrs
vs Connecticut (21 hrs)
Faster Processing
Connecticut 4-8 wks
vs Minnesota (4-8 wks)

Connecticut

Connecticut Department of Banking

Official Website →

Minnesota

Minnesota Department of Commerce

Official Website →

Compare More States

Compare Connecticut MLO License

Compare Minnesota MLO License