New York vs South Carolina for MLO Licensing
Total Fees
$455.5
NY
vs
$246.25
SC
Pre-Licensing
20 hrs
NY
vs
23 hrs
SC
Timeline
8-16 wks
NY
vs
4-8 wks
SC
Side-by-Side Comparison
| Category | New York | South Carolina |
|---|---|---|
| Total Fees | $455.5 | $246.25 ✓ |
| Pre-Licensing Hours | 20 hrs ✓ | 23 hrs |
| Processing Time | 8-16 weeks | 4-8 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $254 | $50 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
South Carolina is $209.25 cheaper for total licensing fees.
Winner: South Carolina
→
Education Hours
New York requires only 20 pre-licensing hours.
Winner: New York
→
Processing Speed
South Carolina processes applications in 4-8 weeks.
Winner: South Carolina
Category Winners
Lower Cost
South Carolina $246.25
vs New York ($455.5)
Fewer Hours
New York 20 hrs
vs South Carolina (23 hrs)
Faster Processing
South Carolina 4-8 wks
vs New York (8-16 wks)
Compare More States
Compare New York MLO License
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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 NM 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