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Maryland VA Loans

Whether you receive PCS orders to relocate to Maryland or are already a resident, purchasing a home can be a great financial move. Using a VA loan in Maryland has many benefits for seasoned and first-time homebuyers alike.

Published on January 7, 2021

With the average listing price of a home in Maryland landing at $488,337 the VA loan’s signature $0-money-down benefit is a considerable advantage for Maryland homebuyers.

See also: VA Loan Options for Other States

How to get a VA Loan in Maryland

VA loans are made by private lenders and guaranteed by the Department of Veterans Affairs. Because private lenders make the loans and not the VA, you need to find a lender licensed in the state you plan to purchase or refinance.

For example, if you're purchasing a home in Silver Spring, MD, you'll need to find a lender licensed in Maryland to do the loan.

Our Lender
Veterans United Home Loans is a VA approved lender; Mortgage Research Center, LLC – NMLS #1907 ( Not affiliated with the Dept. of Veterans Affairs or any government agency. Not available in NV or NY. 1400 Veterans United Dr., Columbia, MO 65203. Equal Housing Lender

Other Considerations for Getting a VA Loan in Maryland

VA borrowers in Maryland should also consider the cost and impact of VA loan limits and property taxes when making their home purchase.

Maryland VA Loan Limits

As of January 1, 2021, VA borrowers in Maryland with their full VA loan entitlement are not restricted by VA loan limits. This means you can borrow as much as a lender is willing to lend without needing a down payment.

However, veterans without their full VA loan entitlement are still bound to Maryland’s VA loan limits.

Maryland VA Loan Limits by County

County Loan Limit
Calvert $822,375
Charles $822,375
Frederick $822,375
Montgomery $822,375
Prince George’s $822,375
All other areas $548,250

Property Taxes in Maryland

Another consideration for VA buyers in Maryland is property taxes. For certain VA buyers, there are exemptions.

You may be eligible for a property tax exemption in Maryland if you meet one of the following conditions:

  • If you are a 100% disabled veteran as a result of service, you may receive a full property tax exemption on your primary residence.

If you are required to pay property tax in Maryland, the American Community Survey by the U.S. Census Bureau estimates you may pay the following in each county:

County Property Tax Rate
Allegany County 1.24%
Anne Arundel County 0.87%
Baltimore County 1.17%
Calvert County 0.95%
Caroline County 1.08%
Carroll County 1.01%
Cecil County 1.10%
Charles County 1.18%
Dorchester County 1.15%
Frederick County 1.13%
Garrett County 0.86%
Harford County 1.08%
Howard County 1.25%
Kent County 1.11%
Montgomery County 0.94%
Prince George's County 1.29%
Queen Anne's County 0.85%
St. Mary's County 0.96%
Somerset County 1.06%
Talbot County 0.68%
Washington County 1.04%
Wicomico County 1.07%
Worcester County 0.86%
Baltimore City 1.72%

How VA Loans Work in Maryland

View the graphic below to learn more about how VA loans work in Maryland.

How Maryland VA Loans work How Maryland VA Loans work How Maryland VA Loans work