Skip to content

Indiana vs New York for MLO Licensing

Total Fees
$291.25
IN
vs
$455.5
NY
Pre-Licensing
20 hrs
IN
vs
20 hrs
NY
Timeline
4-8 wks
IN
vs
8-16 wks
NY

Side-by-Side Comparison

Category Indiana New York
Total Fees $291.25 $455.5
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $100 $254
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Indiana is $164.25 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 York ($455.5)
Fewer Hours
Indiana 20 hrs
vs New York (20 hrs)
Faster Processing
Indiana 4-8 wks
vs New York (8-16 wks)

Indiana

Indiana Department of Financial Institutions

Official Website →

New York

New York Department of Financial Services

Official Website →

Compare More States

Compare Indiana MLO License

Compare New York MLO License