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Maine vs Montana for MLO Licensing

Total Fees
$271.25
ME
vs
$591.25
MT
Pre-Licensing
20 hrs
ME
vs
22 hrs
MT
Timeline
8-16 wks
ME
vs
3-6 wks
MT

Side-by-Side Comparison

Category Maine Montana
Total Fees $271.25 $591.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 8-16 weeks 3-6 weeks
Renewal Cycle N/A N/A
Renewal Fee $80 $400
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maine is $320 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Processing Speed

Montana processes applications in 3-6 weeks.

Winner: Montana

Category Winners

Lower Cost
Maine $271.25
vs Montana ($591.25)
Fewer Hours
Maine 20 hrs
vs Montana (22 hrs)
Faster Processing
Montana 3-6 wks
vs Maine (8-16 wks)

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

Montana

Montana Division of Banking and Financial Institutions

Official Website →

Compare More States

Compare Maine MLO License

Compare Montana MLO License