New Mexico vs South Carolina for MLO Licensing
Total Fees
$341.25
NM
vs
$246.25
SC
Pre-Licensing
20 hrs
NM
vs
23 hrs
SC
Timeline
6-12 wks
NM
vs
4-8 wks
SC
Side-by-Side Comparison
| Category | New Mexico | South Carolina |
|---|---|---|
| Total Fees | $341.25 | $246.25 ✓ |
| Pre-Licensing Hours | 20 hrs ✓ | 23 hrs |
| Processing Time | 6-12 weeks | 4-8 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $150 | $50 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
South Carolina is $95 cheaper for total licensing fees.
Winner: South Carolina
→
Education Hours
New Mexico requires only 20 pre-licensing hours.
Winner: New Mexico
→
Processing Speed
South Carolina processes applications in 4-8 weeks.
Winner: South Carolina
Category Winners
Lower Cost
South Carolina $246.25
vs New Mexico ($341.25)
Fewer Hours
New Mexico 20 hrs
vs South Carolina (23 hrs)
Faster Processing
South Carolina 4-8 wks
vs New Mexico (6-12 wks)
New Mexico
New Mexico Regulation and Licensing Department - Financial Institutions Division
Official Website →Compare More States
Compare New Mexico MLO License
NM vs AL NM vs AK NM vs AZ NM vs AR NM vs CA NM vs CO NM vs CT NM vs DE NM vs FL NM vs GA NM vs HI NM vs ID NM vs IL NM vs IN NM vs IA NM vs KS NM vs KY NM vs LA NM vs ME NM vs MD NM vs MA NM vs MI NM vs MN NM vs MS NM vs MO NM vs MT NM vs NE NM vs NV NM vs NH NM vs NJ NM vs NY NM vs NC NM vs ND NM vs OH NM vs OK NM vs OR NM vs PA NM vs RI NM vs SD NM vs TN NM vs TX NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY
Compare South Carolina MLO License
SC vs AL SC vs AK SC vs AZ SC vs AR SC vs CA SC vs CO SC vs CT SC vs DE SC vs FL SC vs GA SC vs HI SC vs ID SC vs IL SC vs IN SC vs IA SC vs KS SC vs KY SC vs LA SC vs ME SC vs MD SC vs MA SC vs MI SC vs MN SC vs MS SC vs MO SC vs MT SC vs NE SC vs NV SC vs NH SC vs NJ SC vs NY SC vs NC SC vs ND SC vs OH SC vs OK SC vs OR SC vs PA SC vs RI SC vs SD SC vs TN SC vs TX SC vs UT SC vs VT SC vs VA SC vs WA SC vs WV SC vs WI SC vs WY