Maryland vs New Jersey for MLO Licensing
Total Fees
$416.25
MD
vs
$346.25
NJ
Pre-Licensing
24 hrs
MD
vs
20 hrs
NJ
Timeline
4-8 wks
MD
vs
8-16 wks
NJ
Side-by-Side Comparison
| Category | Maryland | New Jersey |
|---|---|---|
| Total Fees | $416.25 | $346.25 ✓ |
| Pre-Licensing Hours | 24 hrs | 20 hrs ✓ |
| Processing Time | 4-8 weeks ✓ | 8-16 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $225 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Jersey is $70 cheaper for total licensing fees.
Winner: New Jersey
→
Education Hours
New Jersey requires only 20 pre-licensing hours.
Winner: New Jersey
→
Processing Speed
Maryland processes applications in 4-8 weeks.
Winner: Maryland
Category Winners
Lower Cost
New Jersey $346.25
vs Maryland ($416.25)
Fewer Hours
New Jersey 20 hrs
vs Maryland (24 hrs)
Faster Processing
Maryland 4-8 wks
vs New Jersey (8-16 wks)
Compare More States
Compare Maryland MLO License
MD vs AL MD vs AK MD vs AZ MD vs AR MD vs CA MD vs CO MD vs CT MD vs DE MD vs FL MD vs GA MD vs HI MD vs ID MD vs IL MD vs IN MD vs IA MD vs KS MD vs KY MD vs LA MD vs ME MD vs MA MD vs MI MD vs MN MD vs MS MD vs MO MD vs MT MD vs NE MD vs NV MD vs NH MD vs NM MD vs NY MD vs NC MD vs ND MD vs OH MD vs OK MD vs OR MD vs PA MD vs RI MD vs SC MD vs SD MD vs TN MD vs TX MD vs UT MD vs VT MD vs VA MD vs WA MD vs WV MD vs WI MD vs WY
Compare New Jersey MLO License
NJ vs AL NJ vs AK NJ vs AZ NJ vs AR NJ vs CA NJ vs CO NJ vs CT NJ vs DE NJ vs FL NJ vs GA NJ vs HI NJ vs ID NJ vs IL NJ vs IN NJ vs IA NJ vs KS NJ vs KY NJ vs LA NJ vs ME NJ vs MA NJ vs MI NJ vs MN NJ vs MS NJ vs MO NJ vs MT NJ vs NE NJ vs NV NJ vs NH NJ vs NM NJ vs NY NJ vs NC NJ vs ND NJ vs OH NJ vs OK NJ vs OR NJ vs PA NJ vs RI NJ vs SC NJ vs SD NJ vs TN NJ vs TX NJ vs UT NJ vs VT NJ vs VA NJ vs WA NJ vs WV NJ vs WI NJ vs WY