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Section 20

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Illinois Code › Chapter 815 › Act 137 › Section 20

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(815 ILCS 137/20) Sec. 20. Verification of ability to repay loan. The lender shall verify the borrower's ability to repay the loan in the case of a high risk home loan. The verification shall require, at a minimum, the following: (1) That the borrower prepare and submit to the lender a personal income and expense

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