# Housing and Community Development (GHS)

## Title 4. Division of Development Finance

### Subtitle 2. Community Development Administration

#### Section 4-236

In carrying out this section and Sec.Sec. 4-237 through 4-241 of this subtitle, the Administration may not make a loan to a mortgage lender or purchase a mortgage loan from a mortgage lender unless the mortgage lender is:

(1) a bank, trust company, savings institution, savings and loan association, national bank association, mortgage banker, or other financial institution that:

  (i) has an office in the State; and

  (ii) makes or originates residential mortgage loans;

(2) an insurance company authorized to do business in the State; or

(3) the Maryland Home Financing Program.

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Md. Code Ann., Hous. & Cmty. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)