Ill. Admin. Code tit. 38 § 1050.1278
Current through Register Vol. 49, No. 1, January 3, 2025
No lender shall make a high risk home loan when the loan amount exceeds the value of the property securing the loan plus reasonable closing costs not to exceed 5% of the total loan amount.
Ill. Admin. Code tit. 38, § 1050.1278
Amended at 29 Ill. Reg. 14808, effective September 26, 2005