Oklahoma vs Virginia for MLO Licensing

Total Fees

$291

$341.25

Pre-Licensing

20 hrs

Timeline

4-8 wks

6-14 wks

Side-by-Side Comparison

Category	Oklahoma	Virginia
Total Fees	$291 ✓	$341.25
Pre-Licensing Hours	20 hrs	20 hrs
Processing Time	4-8 weeks ✓	6-14 weeks
Renewal Cycle	N/A	N/A
Renewal Fee	$100 ✓	$150
CE Hours	8 hrs	8 hrs
Reciprocity	None	None

Key Differences

→

Cost

Oklahoma is $50.25 cheaper for total licensing fees.

Winner: Oklahoma

→

Processing Speed

Oklahoma processes applications in 4-8 weeks.

Winner: Oklahoma

Category Winners

Lower Cost

Oklahoma $291

vs Virginia ($341.25)

Fewer Hours

Oklahoma 20 hrs

vs Virginia (20 hrs)

Faster Processing

Oklahoma 4-8 wks

vs Virginia (6-14 wks)

Oklahoma

Oklahoma Department of Consumer Credit

Official Website →

Full Oklahoma MLO requirements →

Virginia

Virginia Bureau of Financial Institutions

Official Website →

Full Virginia MLO requirements →

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