Maryland vs Nevada for MLO Licensing

Total Fees

$416.25

$336.25

Pre-Licensing

24 hrs

30 hrs

Timeline

4-8 wks

6-12 wks

Side-by-Side Comparison

Category	Maryland	Nevada
Total Fees	$416.25	$336.25 ✓
Pre-Licensing Hours	24 hrs ✓	30 hrs
Processing Time	4-8 weeks ✓	6-12 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$225	$145 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Nevada is $80 cheaper for total licensing fees.

Winner: Nevada

→

Education Hours

Maryland requires only 24 pre-licensing hours.

Winner: Maryland

→

Processing Speed

Maryland processes applications in 4-8 weeks.

Winner: Maryland

Category Winners

Lower Cost

Nevada $336.25

vs Maryland ($416.25)

Fewer Hours

Maryland 24 hrs

vs Nevada (30 hrs)

Faster Processing

Maryland 4-8 wks

vs Nevada (6-12 wks)

Maryland

Maryland Office of Financial Regulation

Official Website →

Full Maryland MLO requirements →

Nevada

Nevada Division of Mortgage Lending

Official Website →

Full Nevada MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool