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Delaware vs Iowa for MLO Licensing

Total Fees
$441.25
DE
vs
$241.25
IA
Pre-Licensing
20 hrs
DE
vs
20 hrs
IA
Timeline
4-8 wks
DE
vs
4-8 wks
IA

Side-by-Side Comparison

Category Delaware Iowa
Total Fees $441.25 $241.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $250 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Iowa is $200 cheaper for total licensing fees.

Winner: Iowa

Category Winners

Lower Cost
Iowa $241.25
vs Delaware ($441.25)
Fewer Hours
Delaware 20 hrs
vs Iowa (20 hrs)
Faster Processing
Delaware 4-8 wks
vs Iowa (4-8 wks)

Delaware

Delaware Office of the State Bank Commissioner

Official Website →

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Compare Delaware MLO License

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