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Michigan vs Oregon for MLO Licensing

Total Fees
$471.25
MI
vs
$271
OR
Pre-Licensing
20 hrs
MI
vs
24 hrs
OR
Timeline
4-8 wks
MI
vs
4-8 wks
OR

Side-by-Side Comparison

Category Michigan Oregon
Total Fees $471.25 $271
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $100 $80
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Oregon is $200.25 cheaper for total licensing fees.

Winner: Oregon

Education Hours

Michigan requires only 20 pre-licensing hours.

Winner: Michigan

Category Winners

Lower Cost
Oregon $271
vs Michigan ($471.25)
Fewer Hours
Michigan 20 hrs
vs Oregon (24 hrs)
Faster Processing
Michigan 4-8 wks
vs Oregon (4-8 wks)

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Oregon

Oregon Division of Financial Regulation

Official Website →

Compare More States

Compare Michigan MLO License

Compare Oregon MLO License