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Rhode Island vs Texas for MLO Licensing

Total Fees
$791.25
RI
vs
$336.25
TX
Pre-Licensing
20 hrs
RI
vs
23 hrs
TX
Timeline
4-8 wks
RI
vs
4-8 wks
TX

Side-by-Side Comparison

Category Rhode Island Texas
Total Fees $791.25 $336.25
Pre-Licensing Hours 20 hrs 23 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $600 $45
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Texas is $455 cheaper for total licensing fees.

Winner: Texas

Education Hours

Rhode Island requires only 20 pre-licensing hours.

Winner: Rhode Island

Category Winners

Lower Cost
Texas $336.25
vs Rhode Island ($791.25)
Fewer Hours
Rhode Island 20 hrs
vs Texas (23 hrs)
Faster Processing
Rhode Island 4-8 wks
vs Texas (4-8 wks)

Rhode Island

Rhode Island Department of Business Regulation

Official Website →

Texas

Texas Department of Savings and Mortgage Lending

Official Website →

Compare More States

Compare Rhode Island MLO License

Compare Texas MLO License