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New York vs Washington for MLO Licensing

Total Fees
$455.5
NY
vs
$319
WA
Pre-Licensing
20 hrs
NY
vs
22 hrs
WA
Timeline
8-16 wks
NY
vs
4-8 wks
WA

Side-by-Side Comparison

Category New York Washington
Total Fees $455.5 $319
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 8-16 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $254 $125
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

Washington is $136.5 cheaper for total licensing fees.

Winner: Washington

Education Hours

New York requires only 20 pre-licensing hours.

Winner: New York

Processing Speed

Washington processes applications in 4-8 weeks.

Winner: Washington

Category Winners

Lower Cost
Washington $319
vs New York ($455.5)
Fewer Hours
New York 20 hrs
vs Washington (22 hrs)
Faster Processing
Washington 4-8 wks
vs New York (8-16 wks)

New York

New York Department of Financial Services

Official Website →

Washington

Washington Department of Financial Institutions

Official Website →

Compare More States

Compare New York MLO License

Compare Washington MLO License