Florida vs Iowa for MLO Licensing

Total Fees

$410.25

FL

vs

$241.25

IA

Pre-Licensing

20 hrs

FL

vs

20 hrs

IA

Timeline

4-8 wks

FL

vs

4-8 wks

IA

Side-by-Side Comparison

Category	Florida	Iowa
Total Fees	$410.25	$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	$195	$50 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Iowa is $169 cheaper for total licensing fees.

Winner: Iowa

Category Winners

Lower Cost

Iowa $241.25

vs Florida ($410.25)

Fewer Hours

Florida 20 hrs

vs Iowa (20 hrs)

Faster Processing

Florida 4-8 wks

vs Iowa (4-8 wks)

Florida

Florida Office of Financial Regulation

Official Website →

Full Florida MLO requirements →

Iowa

Iowa Division of Banking

Official Website →

Full Iowa MLO requirements →

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