Maximum VA loan county limits updated for 2015

The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2015.

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 2015 VA limit. For example, an eligible veteran may borrow up to $625,500 to purchase a property in Washington, DC (2015 VA limit), with the VA guaranteeing twenty-five percent (25%) of the loan amount, or approximately $156,375.00. These amounts have decreased dramatically in most area of the DC Metro Area compared to the 2014 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 2015, please click here. [Please note, if your county is not listed on the county limits chart on the VA website, the 2014 limit is $417,000.]

State	County	2015 VA Limit
DC	District of Columbia	$625,500
MD	Anne Arundel	$517,500
MD	Frederick	$625,500
MD	Howard	$517,500
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	Manassas	$625,500
VA	Prince William	$625,500