New York vs South Dakota for MLO Licensing
Total Fees
$455.5
NY
vs
$341.25
SD
Pre-Licensing
20 hrs
NY
vs
20 hrs
SD
Timeline
8-16 wks
NY
vs
6-12 wks
SD
Side-by-Side Comparison
| Category | New York | South Dakota |
|---|---|---|
| Total Fees | $455.5 | $341.25 ✓ |
| Pre-Licensing Hours | 20 hrs | 20 hrs |
| Processing Time | 8-16 weeks | 6-12 weeks ✓ |
| Renewal Cycle | N/A | N/A |
| Renewal Fee | $254 | $150 ✓ |
| CE Hours | 8 hrs | 8 hrs |
| Reciprocity | None | None |
Key Differences
→
Cost
South Dakota is $114.25 cheaper for total licensing fees.
Winner: South Dakota
→
Processing Speed
South Dakota processes applications in 6-12 weeks.
Winner: South Dakota
Category Winners
Lower Cost
South Dakota $341.25
vs New York ($455.5)
Fewer Hours
New York 20 hrs
vs South Dakota (20 hrs)
Faster Processing
South Dakota 6-12 wks
vs New York (8-16 wks)
Compare More States
Compare New York MLO License
NY vs AL NY vs AK NY vs AZ NY vs AR NY vs CA NY vs CO NY vs CT NY vs DE NY vs FL NY vs GA NY vs HI NY vs ID NY vs IL NY vs IN NY vs IA NY vs KS NY vs KY NY vs LA NY vs ME NY vs MD NY vs MA NY vs MI NY vs MN NY vs MS NY vs MO NY vs MT NY vs NE NY vs NV NY vs NH NY vs NJ NY vs NM NY vs NC NY vs ND NY vs OH NY vs OK NY vs OR NY vs PA NY vs RI NY vs SC NY vs TN NY vs TX NY vs UT NY vs VT NY vs VA NY vs WA NY vs WV NY vs WI NY vs WY
Compare South Dakota MLO License
SD vs AL SD vs AK SD vs AZ SD vs AR SD vs CA SD vs CO SD vs CT SD vs DE SD vs FL SD vs GA SD vs HI SD vs ID SD vs IL SD vs IN SD vs IA SD vs KS SD vs KY SD vs LA SD vs ME SD vs MD SD vs MA SD vs MI SD vs MN SD vs MS SD vs MO SD vs MT SD vs NE SD vs NV SD vs NH SD vs NJ SD vs NM SD vs NC SD vs ND SD vs OH SD vs OK SD vs OR SD vs PA SD vs RI SD vs SC SD vs TN SD vs TX SD vs UT SD vs VT SD vs VA SD vs WA SD vs WV SD vs WI SD vs WY