Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 1050 - RESIDENTIAL MORTGAGE LICENSE ACT OF 1987
Subpart L - COMMITMENT AND CLOSING PRACTICES
Section 1050.1330 - No Duplication to Borrower of Seller's Costs
Universal Citation: 38 IL Admin Code ยง 1050.1330
Current through Register Vol. 48, No. 12, March 22, 2024
No licensee may require a borrower to furnish, or charge a borrower for, items that are inconsistent with the licensee's usual standards for residential mortgage loans. Those items may include, but are not limited to, a survey or title commitment.
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