Florida vs Illinois for MLO Licensing

Total Fees

$410.25

FL

vs

$391.25

IL

Pre-Licensing

20 hrs

FL

vs

20 hrs

IL

Timeline

4-8 wks

FL

vs

4-8 wks

IL

Side-by-Side Comparison

Category	Florida	Illinois
Total Fees	$410.25	$391.25 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$195 ✓	$200
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Illinois is $19 cheaper for total licensing fees.

Winner: Illinois

Category Winners

Lower Cost

Illinois $391.25

vs Florida ($410.25)

Fewer Hours

Florida 20 hrs

vs Illinois (20 hrs)

Faster Processing

Florida 4-8 wks

vs Illinois (4-8 wks)

Florida

Florida Office of Financial Regulation

Official Website →

Full Florida MLO requirements →

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool

Compare Florida MLO License

Compare Illinois MLO License