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New Jersey vs Utah for MLO Licensing

Total Fees
$346.25
NJ
vs
$343.25
UT
Pre-Licensing
20 hrs
NJ
vs
20 hrs
UT
Timeline
8-16 wks
NJ
vs
4-8 wks
UT

Side-by-Side Comparison

Category New Jersey Utah
Total Fees $346.25 $343.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $152
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Utah is $3 cheaper for total licensing fees.

Winner: Utah

Processing Speed

Utah processes applications in 4-8 weeks.

Winner: Utah

Category Winners

Lower Cost
Utah $343.25
vs New Jersey ($346.25)
Fewer Hours
New Jersey 20 hrs
vs Utah (20 hrs)
Faster Processing
Utah 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Utah

Utah Division of Real Estate

Official Website →

Compare More States

Compare New Jersey MLO License

Compare Utah MLO License