A lender may not refinance a loan more often than:
(1) Once during any twelve-month period of the loan; and
(2) Twice during any five-year period of the loan.
Structure Maryland Statutes
Subtitle 4 - Secondary Mortgage Loans -- Credit Provisions
Section 12-402 - License Required Unless Exempt
Section 12-402.1 - Applicable Provisions Governing Loans
Section 12-403 - False Advertising
Section 12-403.1 - Discrimination Prohibited
Section 12-404 - Amount of Loan; Interest; Payment in Installments
Section 12-404.1 - Fees, Discounts, Points, etc., Permitted by Mortgage Purchase Programs
Section 12-405 - Permitted Charges
Section 12-406 - Restrictions on Payment of Commissions, Finder's Fees, and Points
Section 12-407 - Duties of Lender
Section 12-409 - Prohibited Provisions in Instruments Which Evidence or Secure Loan
Section 12-409.1 - Home Buyer's Equity Protection
Section 12-411 - Prohibited Charges
Section 12-412 - Lender to Comply With Subtitle
Section 12-413 - Civil Penalties