Illinois vs Tennessee for MLO Licensing

Total Fees

$391.25

IL

vs

$391.25

TN

Pre-Licensing

20 hrs

IL

vs

20 hrs

TN

Timeline

4-8 wks

IL

vs

4-8 wks

TN

Side-by-Side Comparison

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

Category Winners

Lower Cost

Illinois $391.25

vs Tennessee ($391.25)

Fewer Hours

Illinois 20 hrs

vs Tennessee (20 hrs)

Faster Processing

Illinois 4-8 wks

vs Tennessee (4-8 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois MLO requirements →

Tennessee

Tennessee Department of Financial Institutions

Official Website →

Full Tennessee MLO requirements →

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