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Nebraska vs New Mexico for MLO Licensing

Total Fees
$346.25
NE
vs
$341.25
NM
Pre-Licensing
22 hrs
NE
vs
20 hrs
NM
Timeline
6-12 wks
NE
vs
6-12 wks
NM

Side-by-Side Comparison

Category Nebraska New Mexico
Total Fees $346.25 $341.25
Pre-Licensing Hours 22 hrs 20 hrs
Processing Time 6-12 weeks 6-12 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $150
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

New Mexico is $5 cheaper for total licensing fees.

Winner: New Mexico

Education Hours

New Mexico requires only 20 pre-licensing hours.

Winner: New Mexico

Category Winners

Lower Cost
New Mexico $341.25
vs Nebraska ($346.25)
Fewer Hours
New Mexico 20 hrs
vs Nebraska (22 hrs)
Faster Processing
Nebraska 6-12 wks
vs New Mexico (6-12 wks)

Nebraska

Nebraska Department of Banking and Finance

Official Website →

New Mexico

New Mexico Regulation and Licensing Department - Financial Institutions Division

Official Website →

Compare More States

Compare Nebraska MLO License

Compare New Mexico MLO License