Minnesota vs New Jersey for MLO Licensing
Total Fees
$281.25
MN
vs
$346.25
NJ
Pre-Licensing
20 hrs
MN
vs
20 hrs
NJ
Timeline
4-8 wks
MN
vs
8-16 wks
NJ
Side-by-Side Comparison
| Category | Minnesota | New Jersey |
|---|---|---|
| Total Fees | $281.25 ✓ | $346.25 |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 4-8 weeks ✓ | 8-16 weeks |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $50 ✓ | $150 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Minnesota is $65 cheaper for total licensing fees.
Winner: Minnesota
→
Processing Speed
Minnesota processes applications in 4-8 weeks.
Winner: Minnesota
Category Winners
Lower Cost
Minnesota $281.25
vs New Jersey ($346.25)
Fewer Hours
Minnesota 20 hrs
vs New Jersey (20 hrs)
Faster Processing
Minnesota 4-8 wks
vs New Jersey (8-16 wks)
Compare More States
Compare Minnesota MLO License
MN vs AL MN vs AK MN vs AZ MN vs AR MN vs CA MN vs CO MN vs CT MN vs DE MN vs FL MN vs GA MN vs HI MN vs ID MN vs IL MN vs IN MN vs IA MN vs KS MN vs KY MN vs LA MN vs ME MN vs MD MN vs MA MN vs MI MN vs MS MN vs MO MN vs MT MN vs NE MN vs NV MN vs NH MN vs NM MN vs NY MN vs NC MN vs ND MN vs OH MN vs OK MN vs OR MN vs PA MN vs RI MN vs SC MN vs SD MN vs TN MN vs TX MN vs UT MN vs VT MN vs VA MN vs WA MN vs WV MN vs WI MN vs WY
Compare New Jersey MLO License
NJ vs AL NJ vs AK NJ vs AZ NJ vs AR NJ vs CA NJ vs CO NJ vs CT NJ vs DE NJ vs FL NJ vs GA NJ vs HI NJ vs ID NJ vs IL NJ vs IN NJ vs IA NJ vs KS NJ vs KY NJ vs LA NJ vs ME NJ vs MD NJ vs MA NJ vs MI NJ vs MS NJ vs MO NJ vs MT NJ vs NE NJ vs NV NJ vs NH NJ vs NM NJ vs NY NJ vs NC NJ vs ND NJ vs OH NJ vs OK NJ vs OR NJ vs PA NJ vs RI NJ vs SC NJ vs SD NJ vs TN NJ vs TX NJ vs UT NJ vs VT NJ vs VA NJ vs WA NJ vs WV NJ vs WI NJ vs WY