Maximum VA loan county limits for 2012 released

By January 31, 2012 Uncategorized

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2012. Please note, these limits do not reflect a maximum amount that an eligible veteran is permitted to borrow, but rather, reflects the VA’s maximum guaranty amount for a particular county.

The maximum VA guaranty amount for loans over $144,000 is 25 percent of the 2012 VA limit. For example, an eligible veteran may borrow up to $625,500 to purchase a property in Washington, DC (2012 VA limit), with the VA guaranteeing 25 percent of the loan amount, or approximately $156,375.00.  

These amounts are down sharply from the 2011 VA limits.

The limits listed below are for some counties in Maryland and Virginia, as well as for the District of Columbia. Here’s a complete list of the county limits for 2012. [Please note, if your county is not listed on the county limits chart on the VA website, the 2012 limit is $417,000.]

State County 2012 VA Limit
DC District of Columbia $625,500
MD Anne Arundel $494,500
MD Frederick $625,500
MD Howard $478,400
MD Montgomery $625,500
MD Prince George’s $625,500
VA Alexandria $625,500
VA Arlington $625,500
VA Fairfax $625,500
VA Falls Church $625,500
VA Fauquier $625,500
VA Loudoun $625,500
VA Manasas $625,500
VA Prince William $625,500

Leave a Reply