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Massachusetts vs New Hampshire for MLO Licensing

Total Fees
$691.25
MA
vs
$326.25
NH
Pre-Licensing
23 hrs
MA
vs
22 hrs
NH
Timeline
8-16 wks
MA
vs
6-12 wks
NH

Side-by-Side Comparison

Category Massachusetts New Hampshire
Total Fees $691.25 $326.25
Pre-Licensing Hours 23 hrs 22 hrs
Processing Time 8-16 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $500 $130
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

New Hampshire is $365 cheaper for total licensing fees.

Winner: New Hampshire

Education Hours

New Hampshire requires only 22 pre-licensing hours.

Winner: New Hampshire

Processing Speed

New Hampshire processes applications in 6-12 weeks.

Winner: New Hampshire

Category Winners

Lower Cost
New Hampshire $326.25
vs Massachusetts ($691.25)
Fewer Hours
New Hampshire 22 hrs
vs Massachusetts (23 hrs)
Faster Processing
New Hampshire 6-12 wks
vs Massachusetts (8-16 wks)

Massachusetts

Massachusetts Division of Banks

Official Website →

New Hampshire

New Hampshire Banking Department

Official Website →

Compare More States

Compare Massachusetts MLO License

Compare New Hampshire MLO License