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Florida vs Michigan for MLO Licensing

Total Fees
$410.25
FL
vs
$471.25
MI
Pre-Licensing
20 hrs
FL
vs
20 hrs
MI
Timeline
4-8 wks
FL
vs
4-8 wks
MI

Side-by-Side Comparison

Category Florida Michigan
Total Fees $410.25 $471.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $195 $100
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Florida is $61 cheaper for total licensing fees.

Winner: Florida

Category Winners

Lower Cost
Florida $410.25
vs Michigan ($471.25)
Fewer Hours
Florida 20 hrs
vs Michigan (20 hrs)
Faster Processing
Florida 4-8 wks
vs Michigan (4-8 wks)

Florida

Florida Office of Financial Regulation

Official Website →

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Compare More States

Compare Florida MLO License

Compare Michigan MLO License