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New Jersey vs Washington for MLO Licensing

Total Fees
$346.25
NJ
vs
$319
WA
Pre-Licensing
20 hrs
NJ
vs
22 hrs
WA
Timeline
8-16 wks
NJ
vs
4-8 wks
WA

Side-by-Side Comparison

Category New Jersey Washington
Total Fees $346.25 $319
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $125
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

Washington is $27.25 cheaper for total licensing fees.

Winner: Washington

Education Hours

New Jersey requires only 20 pre-licensing hours.

Winner: New Jersey

Processing Speed

Washington processes applications in 4-8 weeks.

Winner: Washington

Category Winners

Lower Cost
Washington $319
vs New Jersey ($346.25)
Fewer Hours
New Jersey 20 hrs
vs Washington (22 hrs)
Faster Processing
Washington 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Washington

Washington Department of Financial Institutions

Official Website →

Compare More States

Compare New Jersey MLO License

Compare Washington MLO License