Mortgage Loan Officer License: New York vs North Carolina
Thinking about getting your mortgage loan officer license? Here's how New York and North Carolina compare on education requirements, exam fees, total costs, and renewal obligations.
| Requirement | New York | North Carolina |
|---|---|---|
| Education Hours | 20 hours | 20 hours |
| Exam | NMLS SAFE MLO Test | NMLS SAFE MLO Test |
| Application Fee | $600 | $250 |
| Exam Fee | $110 | $110 |
| Total Estimated Cost | $1,300 - $2,300 | $800 - $1,800 |
| Renewal Period | Every 1 year | Every 1 year |
| CE Hours | 8 hours | 8 hours |
| Renewal Fee | $600 | $250 |
Which State Is Easier or Cheaper?
Lower cost: North Carolina is the more affordable option, with an average total cost of $800-$1,800 compared to $1,300-$2,300.
Education: Both states require 20 hours of education.
Full State Guides
Compare mortgage loan officer requirements across all 50 states →