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Maine vs West Virginia for MLO Licensing

Total Fees
$271.25
ME
vs
$396.25
WV
Pre-Licensing
20 hrs
ME
vs
24 hrs
WV
Timeline
8-16 wks
ME
vs
4-8 wks
WV

Side-by-Side Comparison

Category Maine West Virginia
Total Fees $271.25 $396.25
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $80 $200
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

Maine is $125 cheaper for total licensing fees.

Winner: Maine

Education Hours

Maine requires only 20 pre-licensing hours.

Winner: Maine

Processing Speed

West Virginia processes applications in 4-8 weeks.

Winner: West Virginia

Category Winners

Lower Cost
Maine $271.25
vs West Virginia ($396.25)
Fewer Hours
Maine 20 hrs
vs West Virginia (24 hrs)
Faster Processing
West Virginia 4-8 wks
vs Maine (8-16 wks)

Maine

Maine Bureau of Consumer Credit Protection

Official Website →

West Virginia

West Virginia Division of Financial Institutions

Official Website →

Compare More States

Compare Maine MLO License

Compare West Virginia MLO License