Kentucky vs New Jersey for MLO Licensing

Total Fees

$241.25

KY

vs

$346.25

NJ

Pre-Licensing

20 hrs

KY

vs

20 hrs

NJ

Timeline

8-16 wks

KY

vs

8-16 wks

NJ

Side-by-Side Comparison

Category	Kentucky	New Jersey
Total Fees	$241.25 ✓	$346.25
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	8-16 weeks	8-16 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$50 ✓	$150
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Kentucky is $105 cheaper for total licensing fees.

Winner: Kentucky

Category Winners

Lower Cost

Kentucky $241.25

vs New Jersey ($346.25)

Fewer Hours

Kentucky 20 hrs

vs New Jersey (20 hrs)

Faster Processing

Kentucky 8-16 wks

vs New Jersey (8-16 wks)

Kentucky

Kentucky Department of Financial Institutions

Official Website →

Full Kentucky MLO requirements →

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Full New Jersey MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool

Compare Kentucky MLO License

Compare New Jersey MLO License