Louisiana vs New Mexico for MLO Licensing
Total Fees
$391.25
LA
vs
$341.25
NM
Pre-Licensing
20 hrs
LA
vs
20 hrs
NM
Timeline
4-8 wks
LA
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Louisiana | New Mexico |
|---|---|---|
| Total Fees | $391.25 | $341.25 ✓ |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 6-12 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $200 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $50 cheaper for total licensing fees.
Winner: New Mexico
→
Processing Speed
Louisiana processes applications in 4-8 weeks.
Winner: Louisiana
Category Winners
Lower Cost
New Mexico $341.25
vs Louisiana ($391.25)
Fewer Hours
Louisiana 20 hrs
vs New Mexico (20 hrs)
Faster Processing
Louisiana 4-8 wks
vs New Mexico (6-12 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare Louisiana MLO License
LA vs AL LA vs AK LA vs AZ LA vs AR LA vs CA LA vs CO LA vs CT LA vs DE LA vs FL LA vs GA LA vs HI LA vs ID LA vs IL LA vs IN LA vs IA LA vs KS LA vs KY LA vs ME LA vs MD LA vs MA LA vs MI LA vs MN LA vs MS LA vs MO LA vs MT LA vs NE LA vs NV LA vs NH LA vs NJ LA vs NY LA vs NC LA vs ND LA vs OH LA vs OK LA vs OR LA vs PA LA vs RI LA vs SC LA vs SD LA vs TN LA vs TX LA vs UT LA vs VT LA vs VA LA vs WA LA vs WV LA vs WI LA vs WY
Compare New Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs ME NM vs MD NM vs MA NM vs MI NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY