§ 4-814. Preferred interest rate mortgage

MD House & Comm Dev Code § 4-814 (2019) (N/A)
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To qualify for a preferred interest rate loan to refinance an existing home under § 4-804(1) of this subtitle, an applicant shall:

(1)    be unable to keep payments current on the applicant’s home mortgage because of exceptional adverse personal or economic circumstances; and

(2)    risk forfeiting title to the applicant’s home.