Ohio vs Wyoming for MLO Licensing

Total Fees

$391

$311.25

Pre-Licensing

24 hrs

20 hrs

Timeline

4-8 wks

Side-by-Side Comparison

Category	Ohio	Wyoming
Total Fees	$391	$311.25 ✓
Pre-Licensing Hours	24 hrs	20 hrs ✓
Processing Time	4-8 weeks	4-8 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$200	$120 ✓
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Wyoming is $79.75 cheaper for total licensing fees.

Winner: Wyoming

→

Education Hours

Wyoming requires only 20 pre-licensing hours.

Winner: Wyoming

Category Winners

Lower Cost

Wyoming $311.25

vs Ohio ($391)

Fewer Hours

Wyoming 20 hrs

vs Ohio (24 hrs)

Faster Processing

Ohio 4-8 wks

vs Wyoming (4-8 wks)

Ohio

Ohio Department of Commerce, Division of Financial Institutions

Official Website →

Full Ohio MLO requirements →

Wyoming

Wyoming Division of Banking

Official Website →

Full Wyoming MLO requirements →

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