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South Dakota vs Utah for MLO Licensing

Total Fees
$341.25
SD
vs
$343.25
UT
Pre-Licensing
20 hrs
SD
vs
20 hrs
UT
Timeline
6-12 wks
SD
vs
4-8 wks
UT

Side-by-Side Comparison

Category South Dakota Utah
Total Fees $341.25 $343.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 6-12 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $152
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

South Dakota is $2 cheaper for total licensing fees.

Winner: South Dakota

Processing Speed

Utah processes applications in 4-8 weeks.

Winner: Utah

Category Winners

Lower Cost
South Dakota $341.25
vs Utah ($343.25)
Fewer Hours
South Dakota 20 hrs
vs Utah (20 hrs)
Faster Processing
Utah 4-8 wks
vs South Dakota (6-12 wks)

South Dakota

South Dakota Division of Banking

Official Website →

Utah

Utah Division of Real Estate

Official Website →

Compare More States

Compare South Dakota MLO License

Compare Utah MLO License