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Louisiana vs Massachusetts for MLO Licensing

Total Fees
$391.25
LA
vs
$691.25
MA
Pre-Licensing
20 hrs
LA
vs
23 hrs
MA
Timeline
4-8 wks
LA
vs
8-16 wks
MA

Side-by-Side Comparison

Category Louisiana Massachusetts
Total Fees $391.25 $691.25
Pre-Licensing Hours 20 hrs 23 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $200 $500
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Louisiana is $300 cheaper for total licensing fees.

Winner: Louisiana

Education Hours

Louisiana requires only 20 pre-licensing hours.

Winner: Louisiana

Processing Speed

Louisiana processes applications in 4-8 weeks.

Winner: Louisiana

Category Winners

Lower Cost
Louisiana $391.25
vs Massachusetts ($691.25)
Fewer Hours
Louisiana 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
Louisiana 4-8 wks
vs Massachusetts (8-16 wks)

Louisiana

Louisiana Office of Financial Institutions

Official Website →

Massachusetts

Massachusetts Division of Banks

Official Website →

Compare More States

Compare Louisiana MLO License

Compare Massachusetts MLO License