Nevada vs New York for MLO Licensing

Total Fees

$336.25

$455.5

Pre-Licensing

30 hrs

20 hrs

Timeline

6-12 wks

8-16 wks

Side-by-Side Comparison

Category	Nevada	New York
Total Fees	$336.25 ✓	$455.5
Pre-Licensing Hours	30 hrs	20 hrs ✓
Processing Time	6-12 weeks ✓	8-16 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$145 ✓	$254
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Nevada is $119.25 cheaper for total licensing fees.

Winner: Nevada

→

Education Hours

New York requires only 20 pre-licensing hours.

Winner: New York

→

Processing Speed

Nevada processes applications in 6-12 weeks.

Winner: Nevada

Category Winners

Lower Cost

Nevada $336.25

vs New York ($455.5)

Fewer Hours

New York 20 hrs

vs Nevada (30 hrs)

Faster Processing

Nevada 6-12 wks

vs New York (8-16 wks)

Nevada

Nevada Division of Mortgage Lending

Official Website →

Full Nevada MLO requirements →

New York

New York Department of Financial Services

Official Website →

Full New York MLO requirements →

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