203b Loan Limits for Home Equity Conversion Mortgages in Maryland
Maryland 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 Maryland:| State | County | HECM Single Family Limit |
Last Revised |
|---|---|---|---|
| MD | CALVERT | $ 362,790 | 20060101 |
| MD | ST. MARY'S | $ 289,750 | 20071004 |
| MD | CAROLINE | $ 200,160 | 20080305 |
| MD | CHARLES | $ 362,790 | 20060101 |
| MD | WORCESTER | $ 332,499 | 20060203 |
| MD | CARROLL | $ 362,790 | 20070101 |
| MD | WICOMICO | $ 249,840 | 20080101 |
| MD | WASHINGTON | $ 286,900 | 20080101 |
| MD | PRINCE GEORGE | $ 362,790 | 20060101 |
| MD | CECIL | $ 292,685 | 20070101 |
| MD | SOMERSET | $ 249,840 | 20080101 |
| MD | KENT | $ 248,588 | 20080101 |
| MD | HOWARD | $ 362,790 | 20070101 |
| MD | BALTIMORE CIT | $ 362,790 | 20070101 |
| MD | ANNE ARUNDEL | $ 362,790 | 20070101 |
| MD | FREDERICK | $ 362,790 | 20060101 |
| MD | ALLEGANY | $ 200,160 | 20080305 |
| MD | TALBOT | $ 282,150 | 20060203 |
| MD | HARFORD | $ 362,790 | 20070101 |
| MD | MONTGOMERY | $ 362,790 | 20060101 |
| MD | QUEEN ANNE'S | $ 362,790 | 20070101 |
| MD | DORCHESTER | $ 200,160 | 20080305 |
| MD | BALTIMORE | $ 362,790 | 20070101 |
| MD | GARRETT | $ 332,500 | 20080101 |
