Skip to content

Maryland vs Massachusetts for MLO Licensing

Total Fees
$416.25
MD
vs
$691.25
MA
Pre-Licensing
24 hrs
MD
vs
23 hrs
MA
Timeline
4-8 wks
MD
vs
8-16 wks
MA

Side-by-Side Comparison

Category Maryland Massachusetts
Total Fees $416.25 $691.25
Pre-Licensing Hours 24 hrs 23 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $225 $500
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maryland is $275 cheaper for total licensing fees.

Winner: Maryland

Education Hours

Massachusetts requires only 23 pre-licensing hours.

Winner: Massachusetts

Processing Speed

Maryland processes applications in 4-8 weeks.

Winner: Maryland

Category Winners

Lower Cost
Maryland $416.25
vs Massachusetts ($691.25)
Fewer Hours
Massachusetts 23 hrs
vs Maryland (24 hrs)
Faster Processing
Maryland 4-8 wks
vs Massachusetts (8-16 wks)

Maryland

Maryland Office of Financial Regulation

Official Website →

Massachusetts

Massachusetts Division of Banks

Official Website →

Compare More States

Compare Maryland MLO License

Compare Massachusetts MLO License