R988-700-5. Time Limits for Applications

(1) An application for a loan must be submitted within 90 days after the closed insurance claim related to the reported loss or damage. (2) An application received after 90 days will not be considered. (3) After an application is submitted, the applicant may submit additional relevant information to the office before the office issues a final decision. (4) The office may request additional information it deems necessary to complete a review. (5) The office shall issue a decision on an application within 30 days after all requested information is received.