203b Loan Limits for Home Equity Conversion Mortgages in Massachusetts
Massachusetts 203-b Limit
A 203-b Limit is the dollar limit in each county for how much of a home's value can be used to determine the amount of money you can get from a federally insured HECM reverse mortgage; the name comes from Section 203-b of the National Housing Act. The following table shows the current 203-b limits for each county in the State of Massachusetts:| State | County | HECM Single Family Limit |
Last Revised |
|---|---|---|---|
| MA | PLYMOUTH | $ 362,790 | 20060101 |
| MA | BERKSHIRE | $ 204,535 | 20080101 |
| MA | NORFOLK | $ 362,790 | 20060101 |
| MA | DUKES | $ 362,790 | 20080101 |
| MA | BRISTOL | $ 316,350 | 20060101 |
| MA | WORCESTER | $ 292,600 | 20060101 |
| MA | MIDDLESEX | $ 362,790 | 20060101 |
| MA | FRANKLIN | $ 207,860 | 20070101 |
| MA | BARNSTABLE | $ 362,790 | 20060101 |
| MA | SUFFOLK | $ 362,790 | 20060101 |
| MA | ESSEX | $ 362,790 | 20060101 |
| MA | NANTUCKET | $ 362,790 | 20080101 |
| MA | HAMPDEN | $ 207,860 | 20070101 |
| MA | HAMPSHIRE | $ 207,860 | 20070101 |
