The home shall meet the following requirements: Be the primary residence of the individual borrower, or at least one of the joint borrowers; and Be real property owned by the individual borrower, or all of the joint borrowers, in fee simple or under a freely transferable, perpetually renewable, ground rent lease which permits the lessee to transfer the leasehold interest without the consent of the lessor. The home shall be a residential dwelling unit located in Maryland. It may be a condominium acceptable to the Program, but not a cooperative unit. Manufactured homes may be eligible, subject to review by the Program of each particular application for a loan. Joint borrowers shall own the home as tenants by the entireties or as joint tenants with a right of survivorship. The mortgage or deed of trust: May be subordinate to one other mortgage lien which: Shall secure a remaining mortgage debt of not more than 25 percent of the equity in the home, equity being determined in accordance with Regulation .07B, and May not secure a line of credit loan; May not be subordinate to any other liens including a tax lien.