Maine vs New Mexico for MLO Licensing
Total Fees
$271.25
ME
vs
$341.25
NM
Pre-Licensing
20 hrs
ME
vs
20 hrs
NM
Timeline
8-16 wks
ME
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Maine | New Mexico |
|---|---|---|
| Total Fees | $271.25 ✓ | $341.25 |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 8-16 weeks | 6-12 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $80 ✓ | $150 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Maine is $70 cheaper for total licensing fees.
Winner: Maine
→
Processing Speed
New Mexico processes applications in 6-12 weeks.
Winner: New Mexico
Category Winners
Lower Cost
Maine $271.25
vs New Mexico ($341.25)
Fewer Hours
Maine 20 hrs
vs New Mexico (20 hrs)
Faster Processing
New Mexico 6-12 wks
vs Maine (8-16 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare Maine MLO License
ME vs AL ME vs AK ME vs AZ ME vs AR ME vs CA ME vs CO ME vs CT ME vs DE ME vs FL ME vs GA ME vs HI ME vs ID ME vs IL ME vs IN ME vs IA ME vs KS ME vs KY ME vs LA ME vs MD ME vs MA ME vs MI ME vs MN ME vs MS ME vs MO ME vs MT ME vs NE ME vs NV ME vs NH ME vs NJ ME vs NY ME vs NC ME vs ND ME vs OH ME vs OK ME vs OR ME vs PA ME vs RI ME vs SC ME vs SD ME vs TN ME vs TX ME vs UT ME vs VT ME vs VA ME vs WA ME vs WV ME vs WI ME 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 LA 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