Wis. Admin. Code Department of Financial Institutions DFI-SL 8.04

Current through November 25, 2024
Section DFI-SL 8.04 - Right to submit loan applications

No association may deny an individual an opportunity to submit a written loan application except:

(1) An association may require the application to be accompanied by a loan application fee, when such a fee is charged by the association in the regular course of its business.
(2) An association may require the application to be on a form prepared by the association or accepted by the association for its use.
(3) An association may require an application for a purchase money mortgage to be accompanied by the applicant's accepted offer to purchase the subject property.
(4) An association is not required to accept a loan application for a loan of a type which the association does not extend.

Wis. Admin. Code Department of Financial Institutions DFI-SL 8.04

CR Register, June, 1989, No. 402, eff. 7-1-89.