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.
Providers operating in Maryland
1 of the six major providers say they operate 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, retrieved September 23, 2026. All states.
Laws, rules, and reports
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.
Enforcement and court cases
We found no enforcement action or court case involving home equity investments in Maryland as of September 23, 2026.
Bills
We found no pending HEI bill in Maryland as of September 23, 2026.
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
- Check the company's license at NMLS Consumer Access.
- Ask for the settlement amount at 0%, 4%, and 8% yearly appreciation, and for when you might settle.
- Convert each offer to an effective yearly cost on HEI Calculator and compare it with a HELOC or home equity loan (HEI vs HELOC).
Reference information, not legal advice. Facts last checked September 23, 2026. Know of something we're missing in Maryland? Tell us.
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