Skip to content

Massachusetts vs North Carolina for MLO Licensing

Total Fees
$691.25
MA
vs
$316
NC
Pre-Licensing
23 hrs
MA
vs
24 hrs
NC
Timeline
8-16 wks
MA
vs
4-8 wks
NC

Side-by-Side Comparison

Category Massachusetts North Carolina
Total Fees $691.25 $316
Pre-Licensing Hours 23 hrs 24 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $500 $125
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

North Carolina is $375.25 cheaper for total licensing fees.

Winner: North Carolina

Education Hours

Massachusetts requires only 23 pre-licensing hours.

Winner: Massachusetts

Processing Speed

North Carolina processes applications in 4-8 weeks.

Winner: North Carolina

Category Winners

Lower Cost
North Carolina $316
vs Massachusetts ($691.25)
Fewer Hours
Massachusetts 23 hrs
vs North Carolina (24 hrs)
Faster Processing
North Carolina 4-8 wks
vs Massachusetts (8-16 wks)

Massachusetts

Massachusetts Division of Banks

Official Website →

North Carolina

North Carolina Office of the Commissioner of Banks

Official Website →

Compare More States

Compare Massachusetts MLO License

Compare North Carolina MLO License