Skip to content

Michigan vs Mississippi for MLO Licensing

Total Fees
$471.25
MI
vs
$397.25
MS
Pre-Licensing
20 hrs
MI
vs
24 hrs
MS
Timeline
4-8 wks
MI
vs
8-16 wks
MS

Side-by-Side Comparison

Category Michigan Mississippi
Total Fees $471.25 $397.25
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $100 $201
CE Hours 8 hrs 12 hrs
Reciprocity None None

Key Differences

Cost

Mississippi is $74 cheaper for total licensing fees.

Winner: Mississippi

Education Hours

Michigan requires only 20 pre-licensing hours.

Winner: Michigan

Processing Speed

Michigan processes applications in 4-8 weeks.

Winner: Michigan

Category Winners

Lower Cost
Mississippi $397.25
vs Michigan ($471.25)
Fewer Hours
Michigan 20 hrs
vs Mississippi (24 hrs)
Faster Processing
Michigan 4-8 wks
vs Mississippi (8-16 wks)

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Mississippi

Mississippi Department of Banking and Consumer Finance

Official Website →

Compare More States

Compare Michigan MLO License

Compare Mississippi MLO License