One-Time Close Loans | FHA and VA Construction Loans
Learn all about the VA and FHA versions of the One-Time Close Loan.

2023 FHA Construction Loan Limits in MARYLAND tell homebuyers how much borrowing power they have to build a home. VA Limits are set by the lenders.

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VA Loan - One-Time Close Construction Loan
FHA Loan - One-Time Close Construction Loan

2023 VA and FHA Construction Loan Limits

Borrow for Single Family Home Loans in MARYLAND Counties

The FHA has a maximum construction loan amount that it will insure, which is known as the FHA lending limit. These loan limits are calculated and updated annually, and are influenced by the conventional loan limits set by Fannie Mae and Freddie Mac. The type of home, such as single-family or duplex, can also affect these numbers.

Construction loan limits no longer apply to new VA Loans. The Department of Veterans Affairs (commonly referred to as the VA) can now back larger loans than previous allowed. This change doesn't mean that you have unlimited borrowing power. Your lender will still have credit requirements that you need to meet as well as maximum loan amounts based on their own standards. VA lenders establish their own limits based on company policies. The amount we generally see is shown below, labeled as the VA Lender Limit.

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"For 2023, the FHA floor was set at $472,030 for single-family home loans. This lending limit covers most U.S. counties."

24 match(es) found

ALLEGANY County
CUMBERLAND, MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
ANNE ARUNDEL County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
BALTIMORE County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
BALTIMORE CITY County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
CALVERT County
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $1,089,300
CAROLINE County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
CARROLL County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
CECIL County
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $529,000
CHARLES County
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $1,089,300
DORCHESTER County
CAMBRIDGE, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
FREDERICK County
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $1,089,300
GARRETT County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
HARFORD County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
HOWARD County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
KENT County
NON-METRO
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
MONTGOMERY County
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $1,089,300
PRINCE GEORGE'S County
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $1,089,300
QUEEN ANNE'S County
BALTIMORE-COLUMBIA-TOWSON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $632,500
SOMERSET County
SALISBURY, MD-DE
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
ST. MARY'S County
CALIFORNIA-LEXINGTON PARK, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
TALBOT County
EASTON, MD
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
WASHINGTON County
HAGERSTOWN-MARTINSBURG, MD-WV
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
WICOMICO County
SALISBURY, MD-DE
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030
WORCESTER County
SALISBURY, MD-DE
VA Construction Loan Limit FHA Construction Loan Limit
$1,500,000 $472,030

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