Skip to content

New Jersey vs North Dakota for MLO Licensing

Total Fees
$346.25
NJ
vs
$266
ND
Pre-Licensing
20 hrs
NJ
vs
20 hrs
ND
Timeline
8-16 wks
NJ
vs
4-8 wks
ND

Side-by-Side Comparison

Category New Jersey North Dakota
Total Fees $346.25 $266
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $75
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

North Dakota is $80.25 cheaper for total licensing fees.

Winner: North Dakota

Processing Speed

North Dakota processes applications in 4-8 weeks.

Winner: North Dakota

Category Winners

Lower Cost
North Dakota $266
vs New Jersey ($346.25)
Fewer Hours
New Jersey 20 hrs
vs North Dakota (20 hrs)
Faster Processing
North Dakota 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

North Dakota

North Dakota Department of Financial Institutions

Official Website →

Compare More States

Compare New Jersey MLO License

Compare North Dakota MLO License