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Maine vs New Hampshire for MLO Licensing

Total Fees
$271.25
ME
vs
$326.25
NH
Pre-Licensing
20 hrs
ME
vs
22 hrs
NH
Timeline
8-16 wks
ME
vs
6-12 wks
NH

Side-by-Side Comparison

Category Maine New Hampshire
Total Fees $271.25 $326.25
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 8-16 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $80 $130
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maine is $55 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Processing Speed

New Hampshire processes applications in 6-12 weeks.

Winner: New Hampshire

Category Winners

Lower Cost
Maine $271.25
vs New Hampshire ($326.25)
Fewer Hours
Maine 20 hrs
vs New Hampshire (22 hrs)
Faster Processing
New Hampshire 6-12 wks
vs Maine (8-16 wks)

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

New Hampshire

New Hampshire Banking Department

Official Website →

Compare More States

Compare Maine MLO License

Compare New Hampshire MLO License