Illinois vs Vermont for MLO Licensing

Total Fees

$391.25

IL

vs

$294

VT

Pre-Licensing

20 hrs

IL

vs

20 hrs

VT

Timeline

4-8 wks

IL

vs

4-8 wks

VT

Side-by-Side Comparison

Category	Illinois	Vermont
Total Fees	$391.25	$294 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$200	$100 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Vermont is $97.25 cheaper for total licensing fees.

Winner: Vermont

Category Winners

Lower Cost

Vermont $294

vs Illinois ($391.25)

Fewer Hours

Illinois 20 hrs

vs Vermont (20 hrs)

Faster Processing

Illinois 4-8 wks

vs Vermont (4-8 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois MLO requirements →

Vermont

Vermont Department of Financial Regulation

Official Website →

Full Vermont MLO requirements →

Compare More States

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Compare Vermont MLO License