HEI Facts.com

State

Home equity investments in Maryland

1 of the six major home equity investment providers operates in Maryland. Maryland has an HEI-specific law or rule in effect.

Providers operating in Maryland

1 of the six major providers says it operates in Maryland. Availability can vary by county.

  • Pointup to 30-year term · cost cap 18% a year · about 14.3% a year in our standard example

Provider lists come from each provider's own availability page. All states.

See how these providers' costs change with home prices in the 2026 study.

Laws, rules, and reports

MarylandRegulationIn effectEffective November 25, 2024

Maryland regulations for shared appreciation agreements (COMAR 09.03.15)

Rules from Maryland's Commissioner of Financial Regulation governing shared appreciation agreements took effect November 25, 2024.

Sources: Code of Maryland Regulations, 09.03.15

MarylandLawIn effectEnacted 2023

Maryland brings shared appreciation agreements under its Mortgage Lender Law (HB 1150, Chapter 568 of 2023)

Makes certain shared appreciation agreements subject to the Maryland Mortgage Lender Law and other laws regulating consumer credit, and authorizes the Commissioner of Financial Regulation to adopt rules.

Sources: Maryland General Assembly: HB 1150 (2023)

Enforcement and court cases

We found no enforcement action or court case involving home equity investments in Maryland.

Bills

We found no pending HEI bill in Maryland.

HELOC denials in Maryland

In 2025, lenders denied 39.2% of the 35,548 HELOC applications they decided in Maryland (national: 32.9%). Most common first reason: debt-to-income ratio. See the full HELOC denial data.

HELOCs by metro area in Maryland

Baltimore, MD (38% denied) · Washington, DC-MD (46% denied) · Frederick, MD (36% denied) · Hagerstown, MD-WV (38% denied) · Lexington Park, MD (33% denied) · Salisbury, MD (42% denied)

See reasons and rates for each metro area.

Federal activity

2 federal items pending that would apply in every state: Home Equity Lending Integrity Act (S. 4803), Shared Home Appreciation for Residential Equity Act (H.R. 8116).

Before you sign in Maryland

  1. Check the company's license at NMLS Consumer Access.
  2. Ask for the settlement amount at 0%, 4%, and 8% yearly appreciation, and for when you might settle.
  3. Convert each offer to an effective yearly cost and compare it with a HELOC or home equity loan.

Reference information, not legal advice. Know of something we're missing in Maryland? Tell us.