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Maine vs Mississippi for MLO Licensing

Total Fees
$271.25
ME
vs
$397.25
MS
Pre-Licensing
20 hrs
ME
vs
24 hrs
MS
Timeline
8-16 wks
ME
vs
8-16 wks
MS

Side-by-Side Comparison

Category Maine Mississippi
Total Fees $271.25 $397.25
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 8-16 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $80 $201
CE Hours 8 hrs 12 hrs
Reciprocity None None

Key Differences

Cost

Maine is $126 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Category Winners

Lower Cost
Maine $271.25
vs Mississippi ($397.25)
Fewer Hours
Maine 20 hrs
vs Mississippi (24 hrs)
Faster Processing
Maine 8-16 wks
vs Mississippi (8-16 wks)

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

Mississippi

Mississippi Department of Banking and Consumer Finance

Official Website →

Compare More States

Compare Maine MLO License

Compare Mississippi MLO License