# COMAR 05.03.02.06: COMAR 05.03.02.06. Maximum Mortgage Loan Amount

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_06

## Section

- **Citation:** COMAR 05.03.02.06
- **Heading:** COMAR 05.03.02.06. Maximum Mortgage Loan Amount
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 05 DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT / Subtitle 03 HOMEOWNERSHIP PROGRAMS / Chapter 02 Community Development Administration Residential Mortgage Program / COMAR 05.03.02.06

## Text

A. Maximum Mortgage Loan Calculation.
(1) The original principal amount of a mortgage loan to be made or purchased by the Administration, less any permitted cost set forth in §A(2) of this regulation , may not exceed the lowest of:
(a) The maximum purchase price determined from time to time in accordance with federal law for the region of the State in which the residence is located;
(b) A maximum mortgage loan amount determined under any applicable bond certificate; or
(c) A maximum mortgage loan amount determined by the Secretary from time to time.
(2) Costs that may be subtracted from the original principal amount for the purposes of §A(1) of this regulation are:
(a) A financed mortgage insurance premium or guarantee fee;
(b) For a loan insured by FHA, additional costs permitted by FHA to be included in the insured loan amount; and
(c) Any other costs permitted by the Administration in its discretion, if allowed under the applicable bond documents.
B. In making the determination in §A(1)(c) of this regulation , the Secretary may consider:
(1) Moderating disparities in federal regional cost limits published from time to time;
(2) Jurisdictional requests in connection with particular bond issues; and
(3) Whether to modify the maximum mortgage loan amount for loans financed from sources other than tax-exempt bonds.
Cross References 05.03.02.04D(4)(b)

## Nearby sections

- [COMAR 05.03.02.01 COMAR 05.03.02.01. General](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_01.md)
- [COMAR 05.03.02.02 COMAR 05.03.02.02. Scope](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_02.md)
- [COMAR 05.03.02.03 COMAR 05.03.02.03. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_03.md)
- [COMAR 05.03.02.04 COMAR 05.03.02.04. Eligible Borrower](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_04.md)
- [COMAR 05.03.02.05 COMAR 05.03.02.05. Eligible Residence](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_05.md)
- [COMAR 05.03.02.06 COMAR 05.03.02.06. Maximum Mortgage Loan Amount](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_06.md)
- [COMAR 05.03.02.07 COMAR 05.03.02.07. Other Loan Terms and Conditions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_07.md)
- [COMAR 05.03.02.08 COMAR 05.03.02.08. Refinancing](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_08.md)
- [COMAR 05.03.02.09 COMAR 05.03.02.09. Default](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_09.md)
- [COMAR 05.03.02.10 COMAR 05.03.02.10. Transfers and Assumptions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_10.md)
- [COMAR 05.03.02.11 COMAR 05.03.02.11. Loan Purchase Program — Approval of Mortgage Lender](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_11.md)
- [COMAR 05.03.02.12 COMAR 05.03.02.12. Loan Purchase Program—Purchasing Loans](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_12.md)
- [COMAR 05.03.02.13 COMAR 05.03.02.13. Loan Servicing](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_13.md)
- [COMAR 05.03.02.14 COMAR 05.03.02.14. Direct Mortgage Loans Made by the Administration — Processing of Mortgage Loans](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_05_03_02_06. Check the current official text before relying on it. Not legal advice.