§ 4-308. Homebuyer education

MD House & Comm Dev Code § 4-308 (2019) (N/A)
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(a)    Subject to subsection (b) of this section, a recipient of a Program loan shall complete homebuyer education that meets the requirements of the Department.

(b)    The Department’s homebuyer education requirements shall:

(1)    allow a Program loan recipient to use the online homebuyer education for a HUD–approved product and contact a HUD–approved counseling agency to receive a certificate; and

(2)    enable one political subdivision’s certificate to be used in another political subdivision.

(c)    This subtitle does not alter or preempt the authority of a political subdivision to establish homebuyer education or counseling requirements for a down payment assistance program operated by the political subdivision.