Maine 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 Maine:

State County HECM Single
Family Limit
Last Revised
MEWALDO$ 200,16020080305
MESOMERSET$ 200,16020080305
MEKENNEBEC$ 200,16020080305
MEOXFORD$ 200,16020080305
MEWASHINGTON$ 200,16020080305
MEPENOBSCOT$ 200,16020080305
MEANDROSCOGGIN$ 200,16020060101
MEPISCATAQUIS$ 200,16020080305
MEKNOX$ 200,16020080305
MESAGADAHOC$ 256,02520060101
MECUMBERLAND$ 256,02520060101
MELINCOLN$ 241,39520080101
MEFRANKLIN$ 200,16020080305
MEAROOSTOOK$ 200,16020080305
MEYORK$ 256,02520060101
MEHANCOCK$ 207,10020080101