Maryland Request For Waiver of Prepayed Costs

• Category: Maryland Statewide - Circuit Court - Family Law - Domestic Relations (Pro-Se) - General
• State: Maryland
• Control #: MD-SKU-1201
• Format: PDF

Description

Request For Waiver Of Prepayed Costs The Maryland Request For Waiver of Prepared Costs is a form used by Maryland residents to apply for a waiver of some or all of the prepayment costs associated with a mortgage loan. This form is available from the Maryland Department of Housing and Community Development. Depending on the specific situation, there are two types of Maryland Request For Waiver of Prepared Costs: 1) Waiver of Prepared Home Loan Costs: This waiver is for borrowers who have a prepayment penalty associated with their mortgage loan. This waiver allows the borrower to avoid up to the full amount of that penalty. 2) Waiver of Prepared Mortgage Loan Closing Costs: This waiver is for borrowers who are paying closing costs associated with their mortgage loan. This waiver allows the borrower to avoid up to the full amount of those closing costs. The Maryland Request For Waiver of Prepared Costs must be completed and submitted with supporting documentation to the Maryland Department of Housing and Community Development in order to be considered for a waiver.

The Maryland Request For Waiver of Prepared Costs is a form used by Maryland residents to apply for a waiver of some or all of the prepayment costs associated with a mortgage loan. This form is available from the Maryland Department of Housing and Community Development. Depending on the specific situation, there are two types of Maryland Request For Waiver of Prepared Costs: 1) Waiver of Prepared Home Loan Costs: This waiver is for borrowers who have a prepayment penalty associated with their mortgage loan. This waiver allows the borrower to avoid up to the full amount of that penalty. 2) Waiver of Prepared Mortgage Loan Closing Costs: This waiver is for borrowers who are paying closing costs associated with their mortgage loan. This waiver allows the borrower to avoid up to the full amount of those closing costs. The Maryland Request For Waiver of Prepared Costs must be completed and submitted with supporting documentation to the Maryland Department of Housing and Community Development in order to be considered for a waiver.