Michigan vs South Dakota for MLO Licensing
Total Fees
$471.25
MI
vs
$341.25
SD
Pre-Licensing
20 hrs
MI
vs
20 hrs
SD
Timeline
4-8 wks
MI
vs
6-12 wks
SD
Side-by-Side Comparison
| Category | Michigan | South Dakota |
|---|---|---|
| Total Fees | $471.25 | $341.25 ✓ |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 6-12 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $100 ✓ | $150 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
South Dakota is $130 cheaper for total licensing fees.
Winner: South Dakota
→
Processing Speed
Michigan processes applications in 4-8 weeks.
Winner: Michigan
Category Winners
Lower Cost
South Dakota $341.25
vs Michigan ($471.25)
Fewer Hours
Michigan 20 hrs
vs South Dakota (20 hrs)
Faster Processing
Michigan 4-8 wks
vs South Dakota (6-12 wks)
Compare More States
Compare Michigan MLO License
MI vs AL MI vs AK MI vs AZ MI vs AR MI vs CA MI vs CO MI vs CT MI vs DE MI vs FL MI vs GA MI vs HI MI vs ID MI vs IL MI vs IN MI vs IA MI vs KS MI vs KY MI vs LA MI vs ME MI vs MD MI vs MA MI vs MN MI vs MS MI vs MO MI vs MT MI vs NE MI vs NV MI vs NH MI vs NJ MI vs NM MI vs NY MI vs NC MI vs ND MI vs OH MI vs OK MI vs OR MI vs PA MI vs RI MI vs SC MI vs TN MI vs TX MI vs UT MI vs VT MI vs VA MI vs WA MI vs WV MI vs WI MI vs WY
Compare South Dakota MLO License
SD vs AL SD vs AK SD vs AZ SD vs AR SD vs CA SD vs CO SD vs CT SD vs DE SD vs FL SD vs GA SD vs HI SD vs ID SD vs IL SD vs IN SD vs IA SD vs KS SD vs KY SD vs LA SD vs ME SD vs MD SD vs MA SD vs MN SD vs MS SD vs MO SD vs MT SD vs NE SD vs NV SD vs NH SD vs NJ SD vs NM SD vs NY SD vs NC SD vs ND SD vs OH SD vs OK SD vs OR SD vs PA SD vs RI SD vs SC SD vs TN SD vs TX SD vs UT SD vs VT SD vs VA SD vs WA SD vs WV SD vs WI SD vs WY