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Montana vs North Dakota for MLO Licensing

Total Fees
$591.25
MT
vs
$266
ND
Pre-Licensing
22 hrs
MT
vs
20 hrs
ND
Timeline
3-6 wks
MT
vs
4-8 wks
ND

Side-by-Side Comparison

Category Montana North Dakota
Total Fees $591.25 $266
Pre-Licensing Hours 22 hrs 20 hrs
Processing Time 3-6 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $400 $75
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

North Dakota is $325.25 cheaper for total licensing fees.

Winner: North Dakota

Education Hours

North Dakota requires only 20 pre-licensing hours.

Winner: North Dakota

Processing Speed

Montana processes applications in 3-6 weeks.

Winner: Montana

Category Winners

Lower Cost
North Dakota $266
vs Montana ($591.25)
Fewer Hours
North Dakota 20 hrs
vs Montana (22 hrs)
Faster Processing
Montana 3-6 wks
vs North Dakota (4-8 wks)

Montana

Montana Division of Banking and Financial Institutions

Official Website →

North Dakota

North Dakota Department of Financial Institutions

Official Website →

Compare More States

Compare Montana MLO License

Compare North Dakota MLO License