New Mexico vs Utah for MLO Licensing
Total Fees
$341.25
NM
vs
$343.25
UT
Pre-Licensing
20 hrs
NM
vs
20 hrs
UT
Timeline
6-12 wks
NM
vs
4-8 wks
UT
Side-by-Side Comparison
| Category | New Mexico | Utah |
|---|---|---|
| Total Fees | $341.25 ✓ | $343.25 |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 6-12 weeks | 4-8 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $150 ✓ | $152 |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
New Mexico is $2 cheaper for total licensing fees.
Winner: New Mexico
→
Processing Speed
Utah processes applications in 4-8 weeks.
Winner: Utah
Category Winners
Lower Cost
New Mexico $341.25
vs Utah ($343.25)
Fewer Hours
New Mexico 20 hrs
vs Utah (20 hrs)
Faster Processing
Utah 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
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Compare Utah MLO License
UT vs AL UT vs AK UT vs AZ UT vs AR UT vs CA UT vs CO UT vs CT UT vs DE UT vs FL UT vs GA UT vs HI UT vs ID UT vs IL UT vs IN UT vs IA UT vs KS UT vs KY UT vs LA UT vs ME UT vs MD UT vs MA UT vs MI UT vs MN UT vs MS UT vs MO UT vs MT UT vs NE UT vs NV UT vs NH UT vs NJ UT vs NY UT vs NC UT vs ND UT vs OH UT vs OK UT vs OR UT vs PA UT vs RI UT vs SC UT vs SD UT vs TN UT vs TX UT vs VT UT vs VA UT vs WA UT vs WV UT vs WI UT vs WY