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New Jersey vs Oklahoma for MLO Licensing

Total Fees
$346.25
NJ
vs
$291
OK
Pre-Licensing
20 hrs
NJ
vs
20 hrs
OK
Timeline
8-16 wks
NJ
vs
4-8 wks
OK

Side-by-Side Comparison

Category New Jersey Oklahoma
Total Fees $346.25 $291
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $100
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Oklahoma is $55.25 cheaper for total licensing fees.

Winner: Oklahoma

Processing Speed

Oklahoma processes applications in 4-8 weeks.

Winner: Oklahoma

Category Winners

Lower Cost
Oklahoma $291
vs New Jersey ($346.25)
Fewer Hours
New Jersey 20 hrs
vs Oklahoma (20 hrs)
Faster Processing
Oklahoma 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Oklahoma

Oklahoma Department of Consumer Credit

Official Website →

Compare More States

Compare New Jersey MLO License

Compare Oklahoma MLO License