Illinois vs Maryland for MLO Licensing

Total Fees

$391.25

$416.25

Pre-Licensing

20 hrs

24 hrs

Timeline

4-8 wks

Side-by-Side Comparison

Category	Illinois	Maryland
Total Fees	$391.25 ✓	$416.25
Pre-Licensing Hours	20 hrs ✓	24 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$200 ✓	$225
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Illinois is $25 cheaper for total licensing fees.

Winner: Illinois

→

Education Hours

Illinois requires only 20 pre-licensing hours.

Winner: Illinois

Category Winners

Lower Cost

Illinois $391.25

vs Maryland ($416.25)

Fewer Hours

Illinois 20 hrs

vs Maryland (24 hrs)

Faster Processing

Illinois 4-8 wks

vs Maryland (4-8 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois MLO requirements →

Maryland

Maryland Office of Financial Regulation

Official Website →

Full Maryland MLO requirements →

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