New York vs Utah for MLO Licensing

Total Fees

$455.5

$343.25

Pre-Licensing

20 hrs

Timeline

8-16 wks

4-8 wks

Side-by-Side Comparison

Category	New York	Utah
Total Fees	$455.5	$343.25 ✓
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	8-16 weeks	4-8 weeks ✓
Renewal Cycle	N/A	N/A
Renewal Fee	$254	$152 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Utah is $112.25 cheaper for total licensing fees.

Winner: Utah

→

Processing Speed

Utah processes applications in 4-8 weeks.

Winner: Utah

Category Winners

Lower Cost

Utah $343.25

vs New York ($455.5)

Fewer Hours

New York 20 hrs

vs Utah (20 hrs)

Faster Processing

Utah 4-8 wks

vs New York (8-16 wks)

New York

New York Department of Financial Services

Official Website →

Full New York MLO requirements →

Utah

Utah Division of Real Estate

Official Website →

Full Utah MLO requirements →

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