Divorce and the Family Home: What Maryland’s New Mortgage Assumption Law Means for You

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Divorce and the Family Home: What Maryland’s New Mortgage Assumption Law Means for You

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A new Maryland law (HB 1018) could be a game-changer for divorcing couples who want to keep their family home without being forced into high-interest refinancing. In this episode of JGL LAW FOR YOU, attorneys David Bulitt and Christopher Castellano explain how mortgage assumptions work, why this law matters, and what it means for families navigating divorce. From avoiding skyrocketing interest rates to preserving stability for children, they break down the practical and financial benefits...and why talking with an experienced lawyer is the key to making the most of this opportunity.

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