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Minnesota vs North Dakota for MLO Licensing

Total Fees
$281.25
MN
vs
$266
ND
Pre-Licensing
20 hrs
MN
vs
20 hrs
ND
Timeline
4-8 wks
MN
vs
4-8 wks
ND

Side-by-Side Comparison

Category Minnesota North Dakota
Total Fees $281.25 $266
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $50 $75
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

North Dakota is $15.25 cheaper for total licensing fees.

Winner: North Dakota

Category Winners

Lower Cost
North Dakota $266
vs Minnesota ($281.25)
Fewer Hours
Minnesota 20 hrs
vs North Dakota (20 hrs)
Faster Processing
Minnesota 4-8 wks
vs North Dakota (4-8 wks)

Minnesota

Minnesota Department of Commerce

Official Website →

North Dakota

North Dakota Department of Financial Institutions

Official Website →

Compare More States

Compare Minnesota MLO License

Compare North Dakota MLO License