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New York vs Vermont for MLO Licensing

Total Fees
$455.5
NY
vs
$294
VT
Pre-Licensing
20 hrs
NY
vs
20 hrs
VT
Timeline
8-16 wks
NY
vs
4-8 wks
VT

Side-by-Side Comparison

Category New York Vermont
Total Fees $455.5 $294
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $254 $100
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Vermont is $161.5 cheaper for total licensing fees.

Winner: Vermont

Processing Speed

Vermont processes applications in 4-8 weeks.

Winner: Vermont

Category Winners

Lower Cost
Vermont $294
vs New York ($455.5)
Fewer Hours
New York 20 hrs
vs Vermont (20 hrs)
Faster Processing
Vermont 4-8 wks
vs New York (8-16 wks)

New York

New York Department of Financial Services

Official Website →

Vermont

Vermont Department of Financial Regulation

Official Website →

Compare More States

Compare New York MLO License

Compare Vermont MLO License