Carrington Wholesale Lending

Bulletin W13-122 – Clarification Illinois

October 8, 2013Bulletins

Topic included in Bulletin W13-122:

  • Clarification provided regarding loans originated in Illinois and specifically Cook, Kane, Peoria and Will counties
  • Owner occupied residential 1-4 loans originated in Cook Kane, Peoria and Will counties in Illinois require a Certification of Compliance to be compliant with the Illinois Anti-Predatory regulations
  • The following property types are exempt:
    • Non-Owner Occupied Properties
    • Commercial Property
    • Residential Property of more than 4 unites
    • Government Property
  • The Illinois State Guide is in the process of being updated

Download: Bulletin – W13-122 (PDF)

Latest Advertisement