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North Carolina vs Virginia for MLO Licensing

Total Fees
$316
NC
vs
$341.25
VA
Pre-Licensing
24 hrs
NC
vs
20 hrs
VA
Timeline
4-8 wks
NC
vs
6-14 wks
VA

Side-by-Side Comparison

Category North Carolina Virginia
Total Fees $316 $341.25
Pre-Licensing Hours 24 hrs 20 hrs
Processing Time 4-8 weeks 6-14 weeks
Renewal Cycle N/A N/A
Renewal Fee $125 $150
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

North Carolina is $25.25 cheaper for total licensing fees.

Winner: North Carolina

Education Hours

Virginia requires only 20 pre-licensing hours.

Winner: Virginia

Processing Speed

North Carolina processes applications in 4-8 weeks.

Winner: North Carolina

Category Winners

Lower Cost
North Carolina $316
vs Virginia ($341.25)
Fewer Hours
Virginia 20 hrs
vs North Carolina (24 hrs)
Faster Processing
North Carolina 4-8 wks
vs Virginia (6-14 wks)

North Carolina

North Carolina Office of the Commissioner of Banks

Official Website →

Virginia

Virginia Bureau of Financial Institutions

Official Website →

Compare More States

Compare North Carolina MLO License

Compare Virginia MLO License