(a) A person may not:
(1) Receive any application for a loan or allow any note or contract for a loan to be signed at any place of business for which the person does not have a license;
(2) Conduct any business under the Maryland Consumer Loan Law under a name different from the name that appears on the person’s license; or
(3) Evade the application of this section by any device, subterfuge, or pretense of any kind.
(b) This section does not prohibit a licensee from accommodating a borrower, at the borrower’s request, by making a loan by mail because of the borrower’s sickness or hours of employment or for similar reasons.
(c) Notwithstanding subsections (a) and (b) of this section, for a loan that is to be secured by residential real property:
(1) A licensee may solicit and accept an application for a loan:
(i) By mail;
(ii) By telephone or other electronic means; or
(iii) At any location requested by the prospective borrower;
(2) Except as provided in item (3) of this subsection, the loan closing shall be conducted at:
(i) The lender’s licensed location;
(ii) The office of an attorney representing the licensee, the borrower, the title company, or title insurer in connection with the loan; or
(iii) The office of the title insurer or title agency performing closing services in connection with the loan; and
(3) A licensee may conduct the loan closing at another location at the written request of the borrower or the borrower’s designee to accommodate the borrower because of the borrower’s sickness.