Illinois vs Wisconsin for MLO Licensing

Total Fees

$391.25

IL

vs

$446.25

WI

Pre-Licensing

20 hrs

IL

vs

20 hrs

WI

Timeline

4-8 wks

IL

vs

4-8 wks

WI

Side-by-Side Comparison

Category	Illinois	Wisconsin
Total Fees	$391.25 ✓	$446.25
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$200 ✓	$250
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Illinois is $55 cheaper for total licensing fees.

Winner: Illinois

Category Winners

Lower Cost

Illinois $391.25

vs Wisconsin ($446.25)

Fewer Hours

Illinois 20 hrs

vs Wisconsin (20 hrs)

Faster Processing

Illinois 4-8 wks

vs Wisconsin (4-8 wks)

Illinois

Illinois Department of Financial and Professional Regulation

Official Website →

Full Illinois MLO requirements →

Wisconsin

Wisconsin Department of Financial Institutions

Official Website →

Full Wisconsin MLO requirements →

Compare More States

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