Skip to content

Indiana vs Massachusetts for MLO Licensing

Total Fees
$291.25
IN
vs
$691.25
MA
Pre-Licensing
20 hrs
IN
vs
23 hrs
MA
Timeline
4-8 wks
IN
vs
8-16 wks
MA

Side-by-Side Comparison

Category Indiana Massachusetts
Total Fees $291.25 $691.25
Pre-Licensing Hours 20 hrs 23 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $100 $500
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Indiana is $400 cheaper for total licensing fees.

Winner: Indiana

Education Hours

Indiana requires only 20 pre-licensing hours.

Winner: Indiana

Processing Speed

Indiana processes applications in 4-8 weeks.

Winner: Indiana

Category Winners

Lower Cost
Indiana $291.25
vs Massachusetts ($691.25)
Fewer Hours
Indiana 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
Indiana 4-8 wks
vs Massachusetts (8-16 wks)

Indiana

Indiana Department of Financial Institutions

Official Website →

Massachusetts

Massachusetts Division of Banks

Official Website →

Compare More States

Compare Indiana MLO License

Compare Massachusetts MLO License