Indiana vs New Mexico for MLO Licensing
Total Fees
$291.25
IN
vs
$341.25
NM
Pre-Licensing
20 hrs
IN
vs
20 hrs
NM
Timeline
4-8 wks
IN
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Indiana | New Mexico |
|---|---|---|
| Total Fees | $291.25 ✓ | $341.25 |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 6-12 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $100 ✓ | $150 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Indiana is $50 cheaper for total licensing fees.
Winner: Indiana
→
Processing Speed
Indiana processes applications in 4-8 weeks.
Winner: Indiana
Category Winners
Lower Cost
Indiana $291.25
vs New Mexico ($341.25)
Fewer Hours
Indiana 20 hrs
vs New Mexico (20 hrs)
Faster Processing
Indiana 4-8 wks
vs New Mexico (6-12 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare Indiana MLO License
IN vs AL IN vs AK IN vs AZ IN vs AR IN vs CA IN vs CO IN vs CT IN vs DE IN vs FL IN vs GA IN vs HI IN vs ID IN vs IL IN vs IA IN vs KS IN vs KY IN vs LA IN vs ME IN vs MD IN vs MA IN vs MI IN vs MN IN vs MS IN vs MO IN vs MT IN vs NE IN vs NV IN vs NH IN vs NJ IN vs NY IN vs NC IN vs ND IN vs OH IN vs OK IN vs OR IN vs PA IN vs RI IN vs SC IN vs SD IN vs TN IN vs TX IN vs UT IN vs VT IN vs VA IN vs WA IN vs WV IN vs WI IN vs WY
Compare New Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MA NM vs MI NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY