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Kentucky vs South Carolina for MLO Licensing

Total Fees
$241.25
KY
vs
$246.25
SC
Pre-Licensing
20 hrs
KY
vs
23 hrs
SC
Timeline
8-16 wks
KY
vs
4-8 wks
SC

Side-by-Side Comparison

Category Kentucky South Carolina
Total Fees $241.25 $246.25
Pre-Licensing Hours 20 hrs 23 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $50 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Kentucky is $5 cheaper for total licensing fees.

Winner: Kentucky

Education Hours

Kentucky requires only 20 pre-licensing hours.

Winner: Kentucky

Processing Speed

South Carolina processes applications in 4-8 weeks.

Winner: South Carolina

Category Winners

Lower Cost
Kentucky $241.25
vs South Carolina ($246.25)
Fewer Hours
Kentucky 20 hrs
vs South Carolina (23 hrs)
Faster Processing
South Carolina 4-8 wks
vs Kentucky (8-16 wks)

Kentucky

Kentucky Department of Financial Institutions

Official Website →

South Carolina

South Carolina Office of the Commissioner of Consumer Finance

Official Website →

Compare More States

Compare Kentucky MLO License

Compare South Carolina MLO License