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Maryland vs Rhode Island for MLO Licensing

Total Fees
$416.25
MD
vs
$791.25
RI
Pre-Licensing
24 hrs
MD
vs
20 hrs
RI
Timeline
4-8 wks
MD
vs
4-8 wks
RI

Side-by-Side Comparison

Category Maryland Rhode Island
Total Fees $416.25 $791.25
Pre-Licensing Hours 24 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $225 $600
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Maryland is $375 cheaper for total licensing fees.

Winner: Maryland

Education Hours

Rhode Island requires only 20 pre-licensing hours.

Winner: Rhode Island

Category Winners

Lower Cost
Maryland $416.25
vs Rhode Island ($791.25)
Fewer Hours
Rhode Island 20 hrs
vs Maryland (24 hrs)
Faster Processing
Maryland 4-8 wks
vs Rhode Island (4-8 wks)

Maryland

Maryland Office of Financial Regulation

Official Website →

Rhode Island

Rhode Island Department of Business Regulation

Official Website →

Compare More States

Compare Maryland MLO License

Compare Rhode Island MLO License