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Maine vs Washington for MLO Licensing

Total Fees
$271.25
ME
vs
$319
WA
Pre-Licensing
20 hrs
ME
vs
22 hrs
WA
Timeline
8-16 wks
ME
vs
4-8 wks
WA

Side-by-Side Comparison

Category Maine Washington
Total Fees $271.25 $319
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $80 $125
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

Maine is $47.75 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Processing Speed

Washington processes applications in 4-8 weeks.

Winner: Washington

Category Winners

Lower Cost
Maine $271.25
vs Washington ($319)
Fewer Hours
Maine 20 hrs
vs Washington (22 hrs)
Faster Processing
Washington 4-8 wks
vs Maine (8-16 wks)

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

Washington

Washington Department of Financial Institutions

Official Website →

Compare More States

Compare Maine MLO License

Compare Washington MLO License