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Rhode Island vs West Virginia for MLO Licensing

Total Fees
$791.25
RI
vs
$396.25
WV
Pre-Licensing
20 hrs
RI
vs
24 hrs
WV
Timeline
4-8 wks
RI
vs
4-8 wks
WV

Side-by-Side Comparison

Category Rhode Island West Virginia
Total Fees $791.25 $396.25
Pre-Licensing Hours 20 hrs 24 hrs
Processing Time 4-8 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $600 $200
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

West Virginia is $395 cheaper for total licensing fees.

Winner: West Virginia

Education Hours

Rhode Island requires only 20 pre-licensing hours.

Winner: Rhode Island

Category Winners

Lower Cost
West Virginia $396.25
vs Rhode Island ($791.25)
Fewer Hours
Rhode Island 20 hrs
vs West Virginia (24 hrs)
Faster Processing
Rhode Island 4-8 wks
vs West Virginia (4-8 wks)

Rhode Island

Rhode Island Department of Business Regulation

Official Website →

West Virginia

West Virginia Division of Financial Institutions

Official Website →

Compare More States

Compare Rhode Island MLO License

Compare West Virginia MLO License