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Louisiana vs Maine for MLO Licensing

Total Fees
$391.25
LA
vs
$271.25
ME
Pre-Licensing
20 hrs
LA
vs
20 hrs
ME
Timeline
4-8 wks
LA
vs
8-16 wks
ME

Side-by-Side Comparison

Category Louisiana Maine
Total Fees $391.25 $271.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $200 $80
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maine is $120 cheaper for total licensing fees.

Winner: Maine

Processing Speed

Louisiana processes applications in 4-8 weeks.

Winner: Louisiana

Category Winners

Lower Cost
Maine $271.25
vs Louisiana ($391.25)
Fewer Hours
Louisiana 20 hrs
vs Maine (20 hrs)
Faster Processing
Louisiana 4-8 wks
vs Maine (8-16 wks)

Louisiana

Louisiana Office of Financial Institutions

Official Website →

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

Compare More States

Compare Louisiana MLO License

Compare Maine MLO License