Delaware vs New Mexico for MLO Licensing
Total Fees
$441.25
DE
vs
$341.25
NM
Pre-Licensing
20 hrs
DE
vs
20 hrs
NM
Timeline
4-8 wks
DE
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Delaware | New Mexico |
|---|---|---|
| Total Fees | $441.25 | $341.25 ✓ |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 6-12 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $250 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $100 cheaper for total licensing fees.
Winner: New Mexico
→
Processing Speed
Delaware processes applications in 4-8 weeks.
Winner: Delaware
Category Winners
Lower Cost
New Mexico $341.25
vs Delaware ($441.25)
Fewer Hours
Delaware 20 hrs
vs New Mexico (20 hrs)
Faster Processing
Delaware 4-8 wks
vs New Mexico (6-12 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare Delaware MLO License
DE vs AL DE vs AK DE vs AZ DE vs AR DE vs CA DE vs CO DE vs CT DE vs FL DE vs GA DE vs HI DE vs ID DE vs IL DE vs IN DE vs IA DE vs KS DE vs KY DE vs LA DE vs ME DE vs MD DE vs MA DE vs MI DE vs MN DE vs MS DE vs MO DE vs MT DE vs NE DE vs NV DE vs NH DE vs NJ DE vs NY DE vs NC DE vs ND DE vs OH DE vs OK DE vs OR DE vs PA DE vs RI DE vs SC DE vs SD DE vs TN DE vs TX DE vs UT DE vs VT DE vs VA DE vs WA DE vs WV DE vs WI DE vs WY
Compare New Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MA NM vs MI NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY