State rules / Disclosure Requirements
Illinois disclosure requirements
Illinois requires licensees to provide a notice of any material change in loan terms (defined as a change in loan type, term, interest rate increase >0.15%, monthly payment increase >5%, escrow or PMI changes) and any fee increase >10% or $100 to the borrower prior to closing. The notice must be given within 3 days after learning of the change or 24 hours before closing, whichever is earlier. This requirement does not apply if the licensee provides federal TRID disclosures under TILA and RESPA.
Disclosure Requirements in other states
- Florida disclosure requirements
- Georgia disclosure requirements
- Idaho disclosure requirements
- Indiana disclosure requirements
- Kansas disclosure requirements
- Kentucky disclosure requirements
- Compare all 38 states
Researched and verified against primary sources by AI, with the controlling citation above. Not human-reviewed and not legal advice — confirm against the cited source before relying on it. Last updated July 5, 2026.