Massachusetts vs New Jersey for MLO Licensing
Total Fees
$691.25
MA
vs
$346.25
NJ
Pre-Licensing
23 hrs
MA
vs
20 hrs
NJ
Timeline
8-16 wks
MA
vs
8-16 wks
NJ
Side-by-Side Comparison
| Category | Massachusetts | New Jersey |
|---|---|---|
| Total Fees | $691.25 | $346.25 ✓ |
| Pre-Licensing Hours | 23 hrs | 20 hrs ✓ |
| Processing Time | 8-16 weeks | 8-16 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $500 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Jersey is $345 cheaper for total licensing fees.
Winner: New Jersey
→
Education Hours
New Jersey requires only 20 pre-licensing hours.
Winner: New Jersey
Category Winners
Lower Cost
New Jersey $346.25
vs Massachusetts ($691.25)
Fewer Hours
New Jersey 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
Massachusetts 8-16 wks
vs New Jersey (8-16 wks)
Compare More States
Compare Massachusetts MLO License
MA vs AL MA vs AK MA vs AZ MA vs AR MA vs CA MA vs CO MA vs CT MA vs DE MA vs FL MA vs GA MA vs HI MA vs ID MA vs IL MA vs IN MA vs IA MA vs KS MA vs KY MA vs LA MA vs ME MA vs MD MA vs MI MA vs MN MA vs MS MA vs MO MA vs MT MA vs NE MA vs NV MA vs NH MA vs NM MA vs NY MA vs NC MA vs ND MA vs OH MA vs OK MA vs OR MA vs PA MA vs RI MA vs SC MA vs SD MA vs TN MA vs TX MA vs UT MA vs VT MA vs VA MA vs WA MA vs WV MA vs WI MA 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 MD 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