Md. Code, Financial Institutions § 5-507
Md. Code, Financial Institutions § 5-507
in effect(a) If a banking institution rejects an application for a residential mortgage loan, the banking institution shall give the applicant, at the applicant’s request, written notice of the rejection.
(b) The applicant may use this written notice as evidence of rejection for purposes of the Maryland Home Financing Program.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=5-507&enactments=falseFetched: 10/17/2026
