Ill. Admin. Code tit. 38 § 1050.1170

Current through Register Vol. 48, No. 25, June 21, 2024
Section 1050.1170 - Cancellation of Application

If a residential mortgage loan applicant delivers to a licensee written cancellation of his or her application on the same day application was received by the licensee, the licensee shall refund all sums paid by the applicant, except the licensee may, at its discretion, retain $25.

Ill. Admin. Code tit. 38, § 1050.1170

Amended at 29 Ill. Reg. 14808, effective September 26, 2005