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Kansas vs Minnesota for MLO Licensing

Total Fees
$291.25
KS
vs
$281.25
MN
Pre-Licensing
20 hrs
KS
vs
20 hrs
MN
Timeline
8-16 wks
KS
vs
4-8 wks
MN

Side-by-Side Comparison

Category Kansas Minnesota
Total Fees $291.25 $281.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Minnesota is $10 cheaper for total licensing fees.

Winner: Minnesota

Processing Speed

Minnesota processes applications in 4-8 weeks.

Winner: Minnesota

Category Winners

Lower Cost
Minnesota $281.25
vs Kansas ($291.25)
Fewer Hours
Kansas 20 hrs
vs Minnesota (20 hrs)
Faster Processing
Minnesota 4-8 wks
vs Kansas (8-16 wks)

Kansas

Kansas Office of the State Bank Commissioner

Official Website →

Minnesota

Minnesota Department of Commerce

Official Website →

Compare More States

Compare Kansas MLO License

Compare Minnesota MLO License