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Iowa vs Nebraska for MLO Licensing

Total Fees
$241.25
IA
vs
$346.25
NE
Pre-Licensing
20 hrs
IA
vs
22 hrs
NE
Timeline
4-8 wks
IA
vs
6-12 wks
NE

Side-by-Side Comparison

Category Iowa Nebraska
Total Fees $241.25 $346.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 4-8 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $50 $150
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Iowa is $105 cheaper for total licensing fees.

Winner: Iowa

Education Hours

Iowa requires only 20 pre-licensing hours.

Winner: Iowa

Processing Speed

Iowa processes applications in 4-8 weeks.

Winner: Iowa

Category Winners

Lower Cost
Iowa $241.25
vs Nebraska ($346.25)
Fewer Hours
Iowa 20 hrs
vs Nebraska (22 hrs)
Faster Processing
Iowa 4-8 wks
vs Nebraska (6-12 wks)

Nebraska

Nebraska Department of Banking and Finance

Official Website →

Compare More States

Compare Iowa MLO License

Compare Nebraska MLO License