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Indiana vs Montana for MLO Licensing

Total Fees
$291.25
IN
vs
$591.25
MT
Pre-Licensing
20 hrs
IN
vs
22 hrs
MT
Timeline
4-8 wks
IN
vs
3-6 wks
MT

Side-by-Side Comparison

Category Indiana Montana
Total Fees $291.25 $591.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 4-8 weeks 3-6 weeks
Renewal Cycle N/A N/A
Renewal Fee $100 $400
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Indiana is $300 cheaper for total licensing fees.

Winner: Indiana

Education Hours

Indiana requires only 20 pre-licensing hours.

Winner: Indiana

Processing Speed

Montana processes applications in 3-6 weeks.

Winner: Montana

Category Winners

Lower Cost
Indiana $291.25
vs Montana ($591.25)
Fewer Hours
Indiana 20 hrs
vs Montana (22 hrs)
Faster Processing
Montana 3-6 wks
vs Indiana (4-8 wks)

Indiana

Indiana Department of Financial Institutions

Official Website →

Montana

Montana Division of Banking and Financial Institutions

Official Website →

Compare More States

Compare Indiana MLO License

Compare Montana MLO License