Section 1050.2330  Calculating Values in Appendix C of this Part

a)         Average Annual Change in Value for purposes of Section 1050.2310(f)(1) shall be the average annual change in value in Illinois over the prior 5 years based on the All-Transactions House Price Index as published by the Federal Reserve Bank of St. Louis. 

b)         The Final Settlement Payment Amount shall be the lender's share of appreciation or equity, plus, if applicable under the terms of the agreement, any other amounts payable by the borrower at termination of the agreement, minus any amount over any repayment limit to which the lender and the borrower have agreed or set by law.

(Source:  Added at 50 Ill. Reg. 8010, effective June 1, 2026)