| No |
Description |
DocMagic Package Type |
Lender
Broker |
Governing Law |
Rules |
Format Name |
Signature Selection |
| 1 | Advanced Fee Agreement | Application, Predisclosure | Broker, Lender | 38 IL ADC 1050.1340 | No Rules | ILAFA.MSC | Co-Signer, Individual, Officer |
| 2 | Borrower Information Document | Closing, Predisclosure | Broker, Lender | 38 IL ADC 1050.1110 | No Rules | ILBID2.MSC | Co-Signer, Individual, Officer |
| 3 | Collateral Protection Insurance Notice | Closing | Lender | 815 ILCS 180/10; 815 ILCS 5/3 | Give at the time of credit agreement. | ILCPIN.MSC | Co-Signer, Individual, Officer |
| 4 | Description of Underwriting Criteria and Required Documentation | Predisclosure | Lender | 38 IL ADC 1050.1120 | Give at the time of application. | ILDOUC.MSC | Individual, Officer |
| 5 | Escrow Disclosure Agreement | Closing, Pre-Closing | Broker, Lender | 38 IL ADC 1050.1360 | No Rules | ILEDA.MSC | Co-Signer, Individual, Officer |
| 6 | Escrow Election Letter | Closing, Pre-Closing | Lender | 38 IL ADC 1050.1360 | Impounds; Applies when lender elects to require maintenance of an escrow account or other specific arrangement for the payment of taxes. | ILEEL.MSC | Individual, Officer |
| 7 | FHA/VA Allowed / Disallowed Borrower Paid Charges Disclosure | Closing, Pre-Closing, Predisclosure | Broker, Lender | 38 IL ADC 1050.1320(b) | No Rules | ILFHAVA.MSC | Individual, Officer |
| 8 | Failure to Close Within Specified Commitment Period Disclosure | Closing | Lender | 38 IL ADC 1050.1355 | Give immediately after loan fails to close within a specific commitment period. | ILFTC.MSC | Individual, Officer |
| 9 | Loan Approval Notice | Forms List | Broker, Lender | 38 IL ADC 1050.1305 | No Rules | ILLAN.MSC | Individual, Officer |
| 10 | Loan Brokerage Agreement | Closing, Pre-Closing, Predisclosure | Broker | 38 IL ADC 1050.1010 | Give before the borrower signs a loan brokerage agreement or gives the licensee any consideration, whichever comes first. | ILLBA.MSC | Individual, Officer |
| 11 | Loan Brokerage Disclosure Statement | Closing, Predisclosure | Broker | 38 IL ADC 1050.1020 | Give before borrower signs a loan brokerage agreement or gives the licensee any consideration, whichever comes first. | ILLBDS.MSC | Individual, Officer |
| 12 | Loan Product Choice | Closing, Pre-Closing, Predisclosure | Broker, Lender | 205 ILCS 635/5-8 | Selects only if property type not equal to Commercial, Land & Lots, Multifamily; Owner-Occupied or Second Home | ILLPC.MSC | Individual, Officer |
| 13 | Mortgage Awareness Program Notice | Forms List, Predisclosure | Broker, Lender | 815 ILCS 137/110(f) | High Cost; Give prior to making a high risk home loan. | ILMAPN.MSC | Co-Signer, Individual, Officer |
| 14 | Mortgage Escrow Account Act S.B. 529 | Closing | Broker, Lender | 765 ILCS 910/1 et seq.; 38 IL ADC 1050.1360 | No Rules; Give at the time of closing. | ILMEA.MSC | Co-Signer, Individual, Officer |
| 15 | Notice of Choice of Agent or Insurer | Closing, Predisclosure | Lender | 215 ILCS 5/1412 | All loans | ILNCAI.MSC | Individual, Officer |
| 16 | Notice of Material Change in Loan Terms | Closing, Forms List, Pre-Closing | Broker, Lender | 205 ILCS 635/5-9 | Selects only if property type not equal to Commercial, Land & Lots, Multifamily; Occupancy Status = Owner-Occupied or Second Home | ILNMCLT.MSC | Individual, Officer |
| 17 | Notice to Borrower High Risk Home Loan | Closing, Pre-Closing, Predisclosure | Broker, Lender | 815 ILCS 137/95 | High Cost; Notice in writing followed by signed acknowledgment of having received the Notice. | ILNTBHR.MSC | Individual, Officer |
| 18 | Waiver of Participation | Closing, Forms List, Pre-Closing | Broker, Lender | 815 ILCS 137/110(h) | High Cost; Borrower may waive participation in the Program, provided that the waiver occurs no less than 2 business days after the day that the borrower receives the Information Notice. | ILWOP.MSC | Co-Signer, Individual, Officer |
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