Florida vs New Mexico for MLO Licensing
Total Fees
$410.25
FL
vs
$341.25
NM
Pre-Licensing
20 hrs
FL
vs
20 hrs
NM
Timeline
4-8 wks
FL
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Florida | New Mexico |
|---|---|---|
| Total Fees | $410.25 | $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 | $195 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $69 cheaper for total licensing fees.
Winner: New Mexico
→
Processing Speed
Florida processes applications in 4-8 weeks.
Winner: Florida
Category Winners
Lower Cost
New Mexico $341.25
vs Florida ($410.25)
Fewer Hours
Florida 20 hrs
vs New Mexico (20 hrs)
Faster Processing
Florida 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 Florida MLO License
FL vs AL FL vs AK FL vs AZ FL vs AR FL vs CA FL vs CO FL vs CT FL vs DE FL vs GA FL vs HI FL vs ID FL vs IL FL vs IN FL vs IA FL vs KS FL vs KY FL vs LA FL vs ME FL vs MD FL vs MA FL vs MI FL vs MN FL vs MS FL vs MO FL vs MT FL vs NE FL vs NV FL vs NH FL vs NJ FL vs NY FL vs NC FL vs ND FL vs OH FL vs OK FL vs OR FL vs PA FL vs RI FL vs SC FL vs SD FL vs TN FL vs TX FL vs UT FL vs VT FL vs VA FL vs WA FL vs WV FL vs WI FL 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 DE 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