38 Ill. Adm. Code 10550.1055.460
Examination Fees
TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 1055 MORTGAGE COMMUNITY REINVESTMENT
SECTION 1055.460 EXAMINATION FEES
Section 1055.460 Examination Fees
a) Annual
fees. Each fiscal year, a covered mortgage licensee pursuant to Section 35-15
of the ILCRA shall pay an annual ILCRA fee to the Department based upon its
total number of Illinois mortgage loans as shown by its Mortgage Call Reports
for the previous calendar year, at the following rates:
NO.
OF ILLINOIS MORTGAGE LOANS
ILCRA
ANNUAL FISCAL YEAR 2025 FEE
ILCRA
ANNUAL FISCAL YEAR 2026 FEE
ILCRA
ANNUAL FISCAL YEAR 2027 FEE
50-99
$2,000
$2,250
$2,250
100-199
$2,250
$2,500
$2,500
200-299
$2,500
$3,000
$3,000
300-399
$3,000
$3,750
$3,750
400-499
$3,250
$4,750
$4,750
500-749
$3,500
$5,750
$5,750
750-999
$4,000
$7,000
$7,000
1000-1999
$4,500
$8,250
$8,250
2000-2999
$5,000
$9,750
$9,750
3000-3999
$5,500
$11,250
$11,250
4000-4999
$6,000
$13,000
$13,000
5000-5999
$6,500
$14,750
$14,750
6000-6999
$7,500
$16,750
$16,750
7000-7999
$10,000
$19,000
$19,000
Over
8000
$14,000
$22,000
$22,000
b) Out-of-state
travel expenses
1) When
out-of-state travel occurs in the conduct of any examination, the covered
mortgage licensee shall make arrangements to reimburse the Department all
charges for services such as travel expenses, including airfare, hotel and per
diem incurred by the employee. These expenses are to be in accord with
applicable travel regulations published by the Department of Central Management
Services and approved by the Governor's Travel Control Board (80 Ill. Adm. Code
2800).
2) For
purposes of this Section, "fiscal year" means a period beginning on
July 1 of any calendar year and ending on June 30 of the next calendar year.
c) All
fees received pursuant to this Part shall be deposited in the Residential
Finance Regulatory Fund.
d) The fee
for fiscal year 2025 shall be due on January 1, 2025. The fee for each fiscal
year thereafter shall be due within 30 days after the start of each fiscal
year.