Income and Purchase Price Limits

See how you qualify. Check out the income and purchase price limits where you want to buy. For an FHA-insured loan. The Maximum Loan Amount [may only be exceeded by the amount of the FHA Up Front Mortgage Insurance Premium (UFMIP)]# for the Maryland Mortgage Program under the MBS Program is the LESSER of $417,000 or the FHA Maximum Mortgage Amount. For a VA or RHS-guaranteed loan, the Maximum Loan Amount for the Maryland Mortgage Program under the MBS Program is $417,000.
 INCOME LIMITS, MAXIMUM ACQUISITION COSTS & FHA MAXIMUM MORTGAGE LIMITS FOR 2011
Counties & City
Household Size
Income Limits^
Maximum Acquisition Costs
FHA
Maximum
Mortgage
Amounts#
Non-Targeted
Targeted
Non-Targeted
Targeted
  
Allegany County*
1 or 2
 
$105,720
 
$289,470
$271,050
3 or more
 $123,340
Anne Arundel County+
1 or 2
$101,400
$105,720
$429,620
$525,091
$417,000
3 or more $118,300 $123,340
Baltimore City*
1 or 2
 
$105,720
 
$525,091
$417,000
3 or more $123,340
Baltimore County+
1 or 2
$101,400
$105,720
$429,620
$525,091
$417,000
3 or more $118,300 $123,340
Calvert County
1 or 2
$127,320
 
$429,620
 
$417,000
3 or more $148,540
Caroline County*
1 or 2
 
$105,720
 
$289,470
$271,050
3 or more $123,340
Carroll County
1 or 2
$101,400
 
$429,620
 
$417,000
3 or more $118,300
Cecil County
1 or 2
$96,480
 
$346,601
 
$346,601
3 or more $112,560
Charles County
1 or 2
$127,320
 
$429,620
 
$417,000
3 or more $148,540
Dorchester County*
1 or 2
 
$105,720
 
$289,470
$271,050
3 or more $123,340
Frederick County+
1 or 2
$127,320
$127,320
$429,620
$525,091
$417,000
3 or more $148,540 $148,540
Garrett County*
1 or 2
 
$105,720
 
$467,232
$417,000
3 or more $123,340
Harford County+
1 or 2
$101,400
$105,720
$429,620
$525,091
$417,000
3 or more $118,300 $123,340
Howard County
1 or 2
$101,400
 
$429,620
 
$417,000
3 or more $118,300
Kent County*
1 or 2
 
$105,720
 
$359,798
$343,750
3 or more $123,340
Montgomery County
1 or 2
$127,320
 
$429,620
 
$417,000
3 or more $148,540
Prince George's County+
1 or 2
$127,320
$127,320
$429,620
$525,091
$417,000
3 or more $148,540 $148,540
Queen Anne's County
1 or 2
$101,400
 
$429,620
 
$417,000
3 or more $118,300
St. Mary's County
1 or 2
$100,325
 
$343,125
 
$343,125
3 or more $115,373
Somerset County*
1 or 2
 
$105,720
 
$351,092
$328,750
3 or more $123,340
Talbot County
1 or 2
$91,560
 
$334,125
 
$334,125
3 or more $106,820
Washington County+
1 or 2
$88,100
$105,720
$329,854
$403,155
$377,500
3 or more $101,315 $123,340
Wicomico County+
1 or 2
$88,100
$105,720
$287,257
$351,092
$328,750
3 or more $101,315 $123,340
Worcester County+
1 or 2
$88,100
$105,720
$382,281
$467,232
$417,000
3 or more $101,315 $123,340
^
income limits for an RHS-guaranteed loan are the LESSER of the Maryland Mortgage Program Income Limits referenced above or the RHS Guaranteed Housing Program Income Limits
*
entire jurisdiction is targeted - buyers do not have to be first-time home buyers
+
contains certain targeted census tracts (refer to Targeted Areas) in which buyers do not have to be first-time home buyers

Information subject to change. Revised 07/27/11