Ill. Admin. Code tit. 38 § 1050.1278
Current through Register Vol. 48, No. 25, June 21, 2024
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