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Delaware vs Massachusetts for MLO Licensing

Total Fees
$441.25
DE
vs
$691.25
MA
Pre-Licensing
20 hrs
DE
vs
23 hrs
MA
Timeline
4-8 wks
DE
vs
8-16 wks
MA

Side-by-Side Comparison

Category Delaware Massachusetts
Total Fees $441.25 ✓ $691.25
Pre-Licensing Hours 20 hrs ✓ 23 hrs
Processing Time 4-8 weeks ✓ 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $250 ✓ $500
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

→

Cost

Delaware is $250 cheaper for total licensing fees.

Winner: Delaware

→

Education Hours

Delaware requires only 20 pre-licensing hours.

Winner: Delaware

→

Processing Speed

Delaware processes applications in 4-8 weeks.

Winner: Delaware

Category Winners

Lower Cost
Delaware $441.25
vs Massachusetts ($691.25)
Fewer Hours
Delaware 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
Delaware 4-8 wks
vs Massachusetts (8-16 wks)

Delaware

Delaware Office of the State Bank Commissioner

Official Website →

Massachusetts

Massachusetts Division of Banks

Official Website →

Compare More States

Compare Delaware MLO License

Compare Massachusetts MLO License