Massachusetts vs New Mexico for MLO Licensing
Total Fees
$691.25
MA
vs
$341.25
NM
Pre-Licensing
23 hrs
MA
vs
20 hrs
NM
Timeline
8-16 wks
MA
vs
6-12 wks
NM
Side-by-Side Comparison
| Category | Massachusetts | New Mexico |
|---|---|---|
| Total Fees | $691.25 | $341.25 ✓ |
| Pre-Licensing Hours | 23 hrs | 20 hrs ✓ |
| Processing Time | 8-16 weeks | 6-12 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $500 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $350 cheaper for total licensing fees.
Winner: New Mexico
→
Education Hours
New Mexico requires only 20 pre-licensing hours.
Winner: New Mexico
→
Processing Speed
New Mexico processes applications in 6-12 weeks.
Winner: New Mexico
Category Winners
Lower Cost
New Mexico $341.25
vs Massachusetts ($691.25)
Fewer Hours
New Mexico 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
New Mexico 6-12 wks
vs Massachusetts (8-16 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →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 NJ 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 Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MI NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SC NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY