Michigan vs Tennessee for MLO Licensing

Total Fees

$471.25

MI

vs

$391.25

TN

Pre-Licensing

20 hrs

MI

vs

20 hrs

TN

Timeline

4-8 wks

MI

vs

4-8 wks

TN

Side-by-Side Comparison

Category	Michigan	Tennessee
Total Fees	$471.25	$391.25 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$100 ✓	$200
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Tennessee is $80 cheaper for total licensing fees.

Winner: Tennessee

Category Winners

Lower Cost

Tennessee $391.25

vs Michigan ($471.25)

Fewer Hours

Michigan 20 hrs

vs Tennessee (20 hrs)

Faster Processing

Michigan 4-8 wks

vs Tennessee (4-8 wks)

Michigan

Michigan Department of Insurance and Financial Services

Official Website →

Full Michigan MLO requirements →

Tennessee

Tennessee Department of Financial Institutions

Official Website →

Full Tennessee MLO requirements →

Compare More States

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Compare Tennessee MLO License