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2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-814 - Preferred interest rate mortgage


MD House & Comm Dev Code § 4-814 (2013) What's This?

§4-814.

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.

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