47 Ill. Adm. Code 366.303
Commitments for Loans
Section 366
Section 366.303 Commitments
for Loans
Upon the date indicated on the
Notice of Acceptance, the Lender may begin to issue commitments to Eligible
Borrowers to make Loans. The Lender may continue to issue firm commitments for
the period set forth in the Notice of Acceptance. All Loans shall be closed by
the date indicated in the Notice of Acceptance.