Illinois Allows Loan Originators to Work Remotely

Beginning January 1st, loan originators in Illinois will be permitted to work from a remote location provided certain customer interaction and information security requirements are met. Previously, loan originators were only able to conduct business in locations licensed as a branch office. While many states issued temporary executive orders permitting remote work during the pandemic out of health and safety concerns, several states have since updated their laws in keeping with the move towards the increased use of remote work environments.

The Illinois bill may be viewed in its entirety by visiting Illinois House Bill 2325.