Maryland vs Tennessee for MLO Licensing

Total Fees

$416.25

$391.25

Pre-Licensing

24 hrs

20 hrs

Timeline

4-8 wks

Side-by-Side Comparison

Category	Maryland	Tennessee
Total Fees	$416.25	$391.25 ✓
Pre-Licensing Hours	24 hrs	20 hrs ✓
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$225	$200 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Tennessee is $25 cheaper for total licensing fees.

Winner: Tennessee

→

Education Hours

Tennessee requires only 20 pre-licensing hours.

Winner: Tennessee

Category Winners

Lower Cost

Tennessee $391.25

vs Maryland ($416.25)

Fewer Hours

Tennessee 20 hrs

vs Maryland (24 hrs)

Faster Processing

Maryland 4-8 wks

vs Tennessee (4-8 wks)

Maryland

Maryland Office of Financial Regulation

Official Website →

Full Maryland MLO requirements →

Tennessee

Tennessee Department of Financial Institutions

Official Website →

Full Tennessee MLO requirements →

Compare More States

All MLO Comparisons Interactive Tool