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Maryland vs Mississippi for MLO Licensing

Total Fees
$416.25
MD
vs
$397.25
MS
Pre-Licensing
24 hrs
MD
vs
24 hrs
MS
Timeline
4-8 wks
MD
vs
8-16 wks
MS

Side-by-Side Comparison

Category Maryland Mississippi
Total Fees $416.25 $397.25
Pre-Licensing Hours 24 hrs 24 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $225 $201
CE Hours 8 hrs 12 hrs
Reciprocity None None

Key Differences

Cost

Mississippi is $19 cheaper for total licensing fees.

Winner: Mississippi

Processing Speed

Maryland processes applications in 4-8 weeks.

Winner: Maryland

Category Winners

Lower Cost
Mississippi $397.25
vs Maryland ($416.25)
Fewer Hours
Maryland 24 hrs
vs Mississippi (24 hrs)
Faster Processing
Maryland 4-8 wks
vs Mississippi (8-16 wks)

Maryland

Maryland Office of Financial Regulation

Official Website →

Mississippi

Mississippi Department of Banking and Consumer Finance

Official Website →

Compare More States

Compare Maryland MLO License

Compare Mississippi MLO License