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Massachusetts vs Wisconsin for MLO Licensing

Total Fees
$691.25
MA
vs
$446.25
WI
Pre-Licensing
23 hrs
MA
vs
20 hrs
WI
Timeline
8-16 wks
MA
vs
4-8 wks
WI

Side-by-Side Comparison

Category Massachusetts Wisconsin
Total Fees $691.25 $446.25
Pre-Licensing Hours 23 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $500 $250
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Wisconsin is $245 cheaper for total licensing fees.

Winner: Wisconsin

Education Hours

Wisconsin requires only 20 pre-licensing hours.

Winner: Wisconsin

Processing Speed

Wisconsin processes applications in 4-8 weeks.

Winner: Wisconsin

Category Winners

Lower Cost
Wisconsin $446.25
vs Massachusetts ($691.25)
Fewer Hours
Wisconsin 20 hrs
vs Massachusetts (23 hrs)
Faster Processing
Wisconsin 4-8 wks
vs Massachusetts (8-16 wks)

Massachusetts

Massachusetts Division of Banks

Official Website →

Wisconsin

Wisconsin Department of Financial Institutions

Official Website →

Compare More States

Compare Massachusetts MLO License

Compare Wisconsin MLO License