Hawaii vs Mississippi for MLO Licensing

Total Fees

$1,026.25

$397.25

Pre-Licensing

20 hrs

24 hrs

Timeline

4-8 wks

8-16 wks

Side-by-Side Comparison

Category	Hawaii	Mississippi
Total Fees	$1,026.25	$397.25 ✓
Pre-Licensing Hours	20 hrs ✓	24 hrs
Processing Time	4-8 weeks ✓	8-16 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$835	$201 ✓
CE Hours	8 hrs ✓	12 hrs
Reciprocity	None	None

Key Differences

→

Cost

Mississippi is $629 cheaper for total licensing fees.

Winner: Mississippi

→

Education Hours

Hawaii requires only 20 pre-licensing hours.

Winner: Hawaii

→

Processing Speed

Hawaii processes applications in 4-8 weeks.

Winner: Hawaii

Category Winners

Lower Cost

Mississippi $397.25

vs Hawaii ($1,026.25)

Fewer Hours

Hawaii 20 hrs

vs Mississippi (24 hrs)

Faster Processing

Hawaii 4-8 wks

vs Mississippi (8-16 wks)

Hawaii

Hawaii Division of Financial Institutions

Official Website →

Full Hawaii MLO requirements →

Mississippi

Mississippi Department of Banking and Consumer Finance

Official Website →

Full Mississippi MLO requirements →

Compare More States

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