Skip to content

Massachusetts vs Texas for MLO Licensing

Total Fees
$691.25
MA
vs
$336.25
TX
Pre-Licensing
23 hrs
MA
vs
23 hrs
TX
Timeline
8-16 wks
MA
vs
4-8 wks
TX

Side-by-Side Comparison

Category Massachusetts Texas
Total Fees $691.25 $336.25
Pre-Licensing Hours 23 hrs 23 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $500 $45
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Texas is $355 cheaper for total licensing fees.

Winner: Texas

Processing Speed

Texas processes applications in 4-8 weeks.

Winner: Texas

Category Winners

Lower Cost
Texas $336.25
vs Massachusetts ($691.25)
Fewer Hours
Massachusetts 23 hrs
vs Texas (23 hrs)
Faster Processing
Texas 4-8 wks
vs Massachusetts (8-16 wks)

Massachusetts

Massachusetts Division of Banks

Official Website →

Texas

Texas Department of Savings and Mortgage Lending

Official Website →

Compare More States

Compare Massachusetts MLO License

Compare Texas MLO License