Illinois · Through at least Public Act 104-790

205 ILCS 635/5-10: Comparable monthly payment quotes.

Where this section sits in the code

CHAPTER 205 FINANCIAL REGULATION
Residential Mortgage License Act of 1987.

When comparing different loans, the licensee must not state or imply that monthly loan payments, if they include amounts escrowed for payment of property taxes and homeowner's insurance, are comparable with monthly loan payments that do not include these amounts.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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