Brian Young 214-797-3479. NMLS#902687
The maximum guaranty amount (available for loans over $144,000) is 25
percent of the 2010 VA Limit. A veteran with full
entitlement available may borrow up to the 2010 VA Limit and VA
will guarantee 25 percent of the loan amount. If a veteran has previously used
entitlement that has not been restored, the maximum guaranty amount available
to that veteran must be reduced accordingly.
Bottom line make sure that your loan officer is well versed in VA loans. It's a niche that not everyone does on a regular basis so it can be a bit tricky. If I can be of service now or in the future please let me know as I specialize in VA loans. Hope this helps.
Good question. It is $487,500. http://www.valoans.com/lending_limits_state.cfm?state=MARYLAND
Please let me know if you have any further questions.
Keller Williams Realty Centre