Ill. Admin. Code tit. 38 § 1050.1240

Current through Register Vol. 48, No. 25, June 21, 2024
Section 1050.1240 - Prohibition of Unauthorized Lenders

With respect to loans secured by mortgages on residential real estate located in the State of Illinois, no licensee shall knowingly utilize the services of any loan broker or lender, other than a licensee or an entity exempt from licensing pursuant to Section 1-4(d) of the Act.

Ill. Admin. Code tit. 38, § 1050.1240

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