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Delaware vs New York for MLO Licensing

Total Fees
$441.25
DE
vs
$455.5
NY
Pre-Licensing
20 hrs
DE
vs
20 hrs
NY
Timeline
4-8 wks
DE
vs
8-16 wks
NY

Side-by-Side Comparison

Category Delaware New York
Total Fees $441.25 $455.5
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $250 $254
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Delaware is $14.25 cheaper for total licensing fees.

Winner: Delaware

Processing Speed

Delaware processes applications in 4-8 weeks.

Winner: Delaware

Category Winners

Lower Cost
Delaware $441.25
vs New York ($455.5)
Fewer Hours
Delaware 20 hrs
vs New York (20 hrs)
Faster Processing
Delaware 4-8 wks
vs New York (8-16 wks)

Delaware

Delaware Office of the State Bank Commissioner

Official Website →

New York

New York Department of Financial Services

Official Website →

Compare More States

Compare Delaware MLO License

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