Skip to content

South Dakota vs Vermont for MLO Licensing

Total Fees
$341.25
SD
vs
$294
VT
Pre-Licensing
20 hrs
SD
vs
20 hrs
VT
Timeline
6-12 wks
SD
vs
4-8 wks
VT

Side-by-Side Comparison

Category South Dakota Vermont
Total Fees $341.25 $294
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 6-12 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $100
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Vermont is $47.25 cheaper for total licensing fees.

Winner: Vermont

Processing Speed

Vermont processes applications in 4-8 weeks.

Winner: Vermont

Category Winners

Lower Cost
Vermont $294
vs South Dakota ($341.25)
Fewer Hours
South Dakota 20 hrs
vs Vermont (20 hrs)
Faster Processing
Vermont 4-8 wks
vs South Dakota (6-12 wks)

South Dakota

South Dakota Division of Banking

Official Website →

Vermont

Vermont Department of Financial Regulation

Official Website →

Compare More States

Compare South Dakota MLO License

Compare Vermont MLO License