Florida vs New York for MLO Licensing

Total Fees

$410.25

$455.5

Pre-Licensing

20 hrs

Timeline

4-8 wks

8-16 wks

Side-by-Side Comparison

Category	Florida	New York
Total Fees	$410.25 ✓	$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	$195 ✓	$254
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Florida is $45.25 cheaper for total licensing fees.

Winner: Florida

→

Processing Speed

Florida processes applications in 4-8 weeks.

Winner: Florida

Category Winners

Lower Cost

Florida $410.25

vs New York ($455.5)

Fewer Hours

Florida 20 hrs

vs New York (20 hrs)

Faster Processing

Florida 4-8 wks

vs New York (8-16 wks)

Florida

Florida Office of Financial Regulation

Official Website →

Full Florida MLO requirements →

New York

New York Department of Financial Services

Official Website →

Full New York MLO requirements →

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