Illinois Statutes

§ 3-8 — Discrimination and redlining prohibited

Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 635/ Residential Mortgage License Act of 1987.·Art. Article III - Operations, Capitalization, Insurance

It shall be considered discriminatory to refuse to grant loans or to vary the terms of loans or the application procedures for loans because of:

(i)in the case of the proposed borrower, said borrower's race, color, religion, national origin, age, gender or marital status; or (ii) in the case of a mortgage loan, solely the geographic location of the proposed security.

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Legislative History

(Source: P.A. 100-863, eff. 8-14-18.)

Nearby Sections

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