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South Dakota vs Washington for MLO Licensing

Total Fees
$341.25
SD
vs
$319
WA
Pre-Licensing
20 hrs
SD
vs
22 hrs
WA
Timeline
6-12 wks
SD
vs
4-8 wks
WA

Side-by-Side Comparison

Category South Dakota Washington
Total Fees $341.25 $319
Pre-Licensing Hours 20 hrs 22 hrs
Processing Time 6-12 weeks 4-8 weeks
Renewal Cycle N/A N/A
Renewal Fee $150 $125
CE Hours 8 hrs 9 hrs
Reciprocity None None

Key Differences

Cost

Washington is $22.25 cheaper for total licensing fees.

Winner: Washington

Education Hours

South Dakota requires only 20 pre-licensing hours.

Winner: South Dakota

Processing Speed

Washington processes applications in 4-8 weeks.

Winner: Washington

Category Winners

Lower Cost
Washington $319
vs South Dakota ($341.25)
Fewer Hours
South Dakota 20 hrs
vs Washington (22 hrs)
Faster Processing
Washington 4-8 wks
vs South Dakota (6-12 wks)

South Dakota

South Dakota Division of Banking

Official Website →

Washington

Washington Department of Financial Institutions

Official Website →

Compare More States

Compare South Dakota MLO License

Compare Washington MLO License