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Indiana vs Virginia for MLO Licensing

Total Fees
$291.25
IN
vs
$341.25
VA
Pre-Licensing
20 hrs
IN
vs
20 hrs
VA
Timeline
4-8 wks
IN
vs
6-14 wks
VA

Side-by-Side Comparison

Category Indiana Virginia
Total Fees $291.25 $341.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 6-14 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 Virginia ($341.25)
Fewer Hours
Indiana 20 hrs
vs Virginia (20 hrs)
Faster Processing
Indiana 4-8 wks
vs Virginia (6-14 wks)

Indiana

Indiana Department of Financial Institutions

Official Website →

Virginia

Virginia Bureau of Financial Institutions

Official Website →

Compare More States

Compare Indiana MLO License

Compare Virginia MLO License