Maximum VA loan county limits for 2013 released

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2013.  

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 twenty-five (25%) percent of the 2013 VA limit.  For example, an eligible veteran may borrow up to $843,750 to purchase a property in Washington, DC (2013 VA limit), with the VA guaranteeing twenty-five percent (25%) of the loan amount, or approximately $210,937.50.  These amounts have increased dramatically in most area of the DC Metro Area compared to the 2012 VA limits.

The limits listed below are for some counties in Maryland and Virginia, as well as for the District of Columbia.  To get a complete list of the county limits for 2013, please click here.  [Please note, if your county is not listed on the county limits chart on the VA website, the 2013 limit is $417,000.]

State County 2012 VA Limit
DC District of Columbia $843,750
MD Anne Arundel $500,000
MD Frederick $843,750
MD Howard $500,000
MD Montgomery $843,750
MD Prince George’s $843,750
VA Alexandria $843,750
VA Arlington $843,750
VA Fairfax $843,750
VA Falls Church $843,750
VA Fauquier $843,750
VA Loudoun $843,750
VA Manasas $843,750
VA Prince William $843,750

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