Md. Code, Housing and Community Development § 4-812
This is the official text of Md. Code, Housing and Community Development § 4-812, part of Maryland’s Code, Housing and Community Development — governs housing programs and community development.
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§4–812.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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