Illinois Compiled Statutes 205 ILCS 635/3-8 – Discrimination and redlining prohibited
Current as of: 2024 | Check for updates
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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
(i) in the case of the proposed borrower, said
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borrower’s race, color, religion, national origin, age, gender or marital status; or
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(ii) in the case of a mortgage loan, solely the
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geographic location of the proposed security.
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Terms Used In Illinois Compiled Statutes 205 ILCS 635/3-8
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.