§ 4-812
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/md/housing-and-community-development/4-812A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–812.
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.