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New Jersey vs Wisconsin for MLO Licensing

Total Fees
$346.25
NJ
vs
$446.25
WI
Pre-Licensing
20 hrs
NJ
vs
20 hrs
WI
Timeline
8-16 wks
NJ
vs
4-8 wks
WI

Side-by-Side Comparison

Category New Jersey Wisconsin
Total Fees $346.25 $446.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $250
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

New Jersey is $100 cheaper for total licensing fees.

Winner: New Jersey

Processing Speed

Wisconsin processes applications in 4-8 weeks.

Winner: Wisconsin

Category Winners

Lower Cost
New Jersey $346.25
vs Wisconsin ($446.25)
Fewer Hours
New Jersey 20 hrs
vs Wisconsin (20 hrs)
Faster Processing
Wisconsin 4-8 wks
vs New Jersey (8-16 wks)

New Jersey

New Jersey Department of Banking and Insurance

Official Website →

Wisconsin

Wisconsin Department of Financial Institutions

Official Website →

Compare More States

Compare New Jersey MLO License

Compare Wisconsin MLO License