§ 4–812

Statutes in effect as of October 1, 2026.

Md. Code Ann., Hous. & Cmty. Dev. § 4-812 (2026)

Title 4. Division of Development Finance

Subtitle 8. Maryland Home Financing Program

To qualify for a reverse equity loan under § 4-804(5) of this subtitle, an applicant shall:

(1)

be at least 62 years old when the loan closes; and

(2)

need financial assistance with housing-related expenses or personal expenses that enable the owner to continue to occupy the home.