Skip to content

New Jersey vs Pennsylvania for MLO Licensing

Total Fees
$346.25
NJ
vs
$413
PA
Pre-Licensing
20 hrs
NJ
vs
20 hrs
PA
Timeline
8-16 wks
NJ
vs
4-8 wks
PA

Side-by-Side Comparison

Category New Jersey Pennsylvania
Total Fees $346.25 $413
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $200
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

New Jersey is $66.75 cheaper for total licensing fees.

Winner: New Jersey

Processing Speed

Pennsylvania processes applications in 4-8 weeks.

Winner: Pennsylvania

Category Winners

Lower Cost
New Jersey $346.25
vs Pennsylvania ($413)
Fewer Hours
New Jersey 20 hrs
vs Pennsylvania (20 hrs)
Faster Processing
Pennsylvania 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Pennsylvania

Pennsylvania Department of Banking and Securities

Official Website →

Compare More States

Compare New Jersey MLO License

Compare Pennsylvania MLO License