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New Mexico vs Oregon for MLO Licensing

Total Fees
$341.25
NM
vs
$271
OR
Pre-Licensing
20 hrs
NM
vs
24 hrs
OR
Timeline
6-12 wks
NM
vs
4-8 wks
OR

Side-by-Side Comparison

Category New Mexico Oregon
Total Fees $341.25 $271
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 6-12 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $80
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Oregon is $70.25 cheaper for total licensing fees.

Winner: Oregon

Education Hours

New Mexico requires only 20 pre-licensing hours.

Winner: New Mexico

Processing Speed

Oregon processes applications in 4-8 weeks.

Winner: Oregon

Category Winners

Lower Cost
Oregon $271
vs New Mexico ($341.25)
Fewer Hours
New Mexico 20 hrs
vs Oregon (24 hrs)
Faster Processing
Oregon 4-8 wks
vs New Mexico (6-12 wks)

New Mexico

New Mexico Regulation and Licensing Department - Financial Institutions Division

Official Website →

Oregon

Oregon Division of Financial Regulation

Official Website →

Compare More States

Compare New Mexico MLO License

Compare Oregon MLO License