New Mexico vs Texas for MLO Licensing
Total Fees
$341.25
NM
vs
$336.25
TX
Pre-Licensing
20 hrs
NM
vs
23 hrs
TX
Timeline
6-12 wks
NM
vs
4-8 wks
TX
Side-by-Side Comparison
| Category | New Mexico | Texas |
|---|---|---|
| Total Fees | $341.25 | $336.25 ✓ |
| Pre-Licensing Hours | 20 hrs ✓ | 23 hrs |
| Processing Time | 6-12 weeks | 4-8 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $150 | $45 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
Texas is $5 cheaper for total licensing fees.
Winner: Texas
→
Education Hours
New Mexico requires only 20 pre-licensing hours.
Winner: New Mexico
→
Processing Speed
Texas processes applications in 4-8 weeks.
Winner: Texas
Category Winners
Lower Cost
Texas $336.25
vs New Mexico ($341.25)
Fewer Hours
New Mexico 20 hrs
vs Texas (23 hrs)
Faster Processing
Texas 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 SC NM vs SD NM vs TN NM vs UT NM vs VT NM vs VA NM vs WA NM vs WV NM vs WI NM vs WY
Compare Texas MLO License
TX vs AL TX vs AK TX vs AZ TX vs AR TX vs CA TX vs CO TX vs CT TX vs DE TX vs FL TX vs GA TX vs HI TX vs ID TX vs IL TX vs IN TX vs IA TX vs KS TX vs KY TX vs LA TX vs ME TX vs MD TX vs MA TX vs MI TX vs MN TX vs MS TX vs MO TX vs MT TX vs NE TX vs NV TX vs NH TX vs NJ TX vs NY TX vs NC TX vs ND TX vs OH TX vs OK TX vs OR TX vs PA TX vs RI TX vs SC TX vs SD TX vs TN TX vs UT TX vs VT TX vs VA TX vs WA TX vs WV TX vs WI TX vs WY