Md. Code Ann., Com. Law § 12-1203
Offer of reverse mortgage loan
Effective Oct 1, 2010Added by Acts 2010, c. 622, § 1, eff. Oct. 1, 2010; Acts 2010, c. 623, § 1, eff. Oct. 1, 2010.State of Maryland
- (1) With any one or more particular payment plans; or
- (2) To a prospective borrower who holds title to a dwelling in other than fee simple interest.
This subtitle does not require a lender that offers to make a reverse mortgage loan to offer a reverse mortgage loan:
Added by Acts 2010, c. 622, § 1, eff. Oct. 1, 2010; Acts 2010, c. 623, § 1, eff. Oct. 1, 2010.