# Financial Institutions (GFI)

## Title 5. Banking Institutions -- General Provisions

### Subtitle 5. Miscellaneous Regulations

#### Section 5-507

(a) If a banking institution rejects an application for a residential mortgage loan, the banking institution shall give the applicant, at the applicant's request, written notice of the rejection.

(b) The applicant may use this written notice as evidence of rejection for purposes of the Maryland Home Financing Program.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)