Income and Purchase Price Limits
See how you qualify. Check out the income and purchase price limits where you want to buy.
Income Limits and Maximum Acquisition Costs
Counties & City |
Household Size |
Income Limits^ |
Maximum Acquisition Costs |
Non-Targeted |
Targeted |
Non-Targeted |
Targeted |
Allegany County* |
1 or 2 |
|
$98,040 |
|
$289,705 |
3 or more |
$114,380 |
Anne Arundel County+ |
1 or 2 |
$93,840 |
$98,040 |
$429,620 |
$525,091 |
| 3 or more |
$108,698 |
$114,380 |
Baltimore City* |
1 or 2 |
|
$98,040 |
|
$525,091 |
| 3 or more |
$114,380 |
Baltimore County+ |
1 or 2 |
$93,840 |
$98,040
|
$429,620 |
$525,091 |
| 3 or more |
$108,698 |
$114,380 |
Calvert County |
1 or 2 |
$99,000 |
|
$429,620 |
|
| 3 or more |
$113,850 |
Caroline County* |
1 or 2 |
|
$98,040 |
|
$289,705 |
| 3 or more |
$114,380 |
Carroll County |
1 or 2 |
$93,840
|
|
$429,620 |
|
| 3 or more |
$108,698 |
Cecil County |
1 or 2 |
$81,700 |
|
$346,601 |
|
| 3 or more |
$93,955 |
Charles County |
1 or 2 |
$99,000 |
|
$429,620 |
|
| 3 or more |
$113,850 |
Dorchester County* |
1 or 2 |
|
$98,040
|
|
$289,705 |
| 3 or more |
$114,380 |
Frederick County+ |
1 or 2 |
$99,000 |
$118,800 |
$429,620 |
$525,091 |
| 3 or more |
$113,850 |
$138,600 |
Garrett County* |
1 or 2 |
|
$98,040
|
|
$481,250 |
| 3 or more |
$114,380 |
Harford County+ |
1 or 2 |
$93,840
|
$98,040 |
$429,620 |
$525,091 |
| 3 or more |
$108,698 |
$114,380 |
Howard County |
1 or 2 |
$93,840 |
|
$429,620 |
|
| 3 or more |
$108,698 |
Kent County* |
1 or 2 |
|
$98,040 |
|
$359,798 |
| 3 or more |
$114,380 |
Montgomery County |
1 or 2 |
$99,000 |
|
$429,620 |
|
| 3 or more |
$113,850 |
Prince George's County+ |
1 or 2 |
$99,000 |
$118,800 |
$429,620 |
$525,091 |
| 3 or more |
$113,850 |
$138,600 |
Queen Anne's County |
1 or 2 |
$93,840 |
|
$429,620 |
|
| 3 or more |
$108,698 |
St. Mary's County |
1 or 2 |
$82,100
|
|
$343,125 |
|
| 3 or more |
$94,415 |
Somerset County* |
1 or 2 |
|
$98,040 |
|
$361,611 |
| 3 or more |
$114,380 |
Talbot County |
1 or 2 |
$81,700 |
|
$334,125 |
|
| 3 or more |
$93,955 |
Washington County+ |
1 or 2 |
$81,700 |
$98,040
|
$339,750 |
$415,250 |
| 3 or more |
$93,955 |
$114,380 |
Wicomico County+ |
1 or 2 |
$81,700
|
$98,040
|
$295,863 |
$361,611 |
| 3 or more |
$93,955 |
$114,380 |
Worcester County+ |
1 or 2 |
$81,700
|
$98,040
|
$393,749 |
$481,249 |
| 3 or more |
$93,955 |
$114,380 |
^ |
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 |
FHA Maximum Mortgage Amounts*
| County |
Amount |
|---|
Allegany County |
$271,050 |
|
$525,091** |
|
$525,091 |
|
$525,091** |
|
$429,620 |
|
$271,050 |
|
$429,620 |
|
$346,601 |
|
$429,620 |
|
$271,050 |
|
$525,091** |
|
$437,500 |
|
$525,091** |
|
$429,620 |
|
$343,750 |
|
$429,620 |
|
$525,091** |
|
$429,620 |
|
$343,125 |
|
$328,750 |
|
$334,125 |
|
$377,500** |
|
$328,750** |
|
$437,500** |
*These are temporary limits as a result of the Economic Stimulus Act of 2008, capped at the Maximum Acquisition Cost for the applicable jurisdiction. They are effective for mortgages endorsed for insurance on or after March 6, 2008 and remain in effect for those mortgages for which the mortgagee has issued credit approval for the borrower on or before December 31, 2008.
**Please note: These are the Targeted Area limits – the Non-Targeted Area limits are capped at the Maximum Acquisition Costs for a Non-Targeted Area for the applicable jurisdiction. |
Information subject to change. Revised 3/28/08
|