As a veteran or service member, you’re entitled to Maryland state VA benefits, which include the VA home loan. Whether you’re buying, building, or renovating, you might be eligible for a loan that you can use to save substantially during the home buying process.

Learn more about VA loans in Maryland from Griffin Funding.

Areas We Serve

Griffin Funding is dedicated to serving our Maryland veterans to help them achieve their homeownership goals. We can assist borrowers in the following areas:

Where We Serve
  • Baltimore
  • Baltimore
  • Potomac
  • Ocean City
  • Frederick
  • Maryland City
  • Hagerstown
  • Bel Air
  • Rockville
  • And more

Maryland offers residents beautiful beaches and a rich history. To secure your Maryland VA loan, complete your application online today or give us a call.


How Do VA Loans Work in Maryland?

VA loans are not provided directly by the Department of Veterans Affairs; They are available through private lenders. The Department of Veteran Affairs simply guarantees these loans in case of default. When looking for a mortgage, it’s important to work with a lender licensed in the state where you plan to purchase a home.

Luckily, the Maryland VA loan process is similar to other states. You will need to meet both the VA’s requirements and the requirements of your lender in order to be approved. To make sure that you get approved for a VA loan, follow these steps:

  • Get a Certificate of Eligibility (COE) from the VA (we can also assist you with this process).
  • Submit your application with Griffin Funding for a VA loan.
  • You’ll receive a quote from Griffin Funding, which you’ll be able to lock in immediately.
  • Provide us with additional information if necessary.
  • We schedule a pest inspection and appraisal before you buy the home.
  • Review your final loan documents.

Once you apply for a VA purchase loan, you’ll receive your approval within 24 hours. With your approval in hand, you can move forward with purchasing the house you chose.

For more information about our process, check out our Step-by-Step Guide to Funding Your Loan.

VA Loan Advantages in Maryland

If you’re a veteran or service member, there are benefits of a VA loan that you can’t get with a conventional loan, including:

  • No down payment
  • No private mortgage insurance (PMI) required
  • More flexible qualification requirements, including FICO scores as low as 580 accepted

Are you interested in learning more or starting the process to get approved for a Maryland VA loan? Fill out our online application or call us to speak to one of our loan officers.


VA Loan Limits in Maryland

As of January 2020, VA loan limits no longer apply to qualified service members and veterans with their full loan entitlement. Those with diminished VA entitlement will still have to adhere to VA loan limits.

The VA does not limit how much money you can borrow from a lender. However, there is a limit to how much you can borrow with no down payment.

If loan limits do still apply to you, then your limit will be determined by the county where your new home is located. These are the 2024 loan limits for Maryland counties:

  • Calvert: $1,149,825
  • Charles: $1,149,825
  • Federick: $1,149,825
  • Montgomery: $1,149,825
  • Prince George’s: $1,149,825
  • All Other Counties $766,550

That said, Texas VA home loan rates are often lower than traditional types of home loans. At Griffin Funding, we also strive to provide our customers with competitive interest rates that help them save money over the course of their loan. 

If you are unhappy with your current interest rate or are quoted a higher interest rate than you desire, you may be able to refinance your Texas VA loan once your credit improves.


Requirements for VA Home Loans in Maryland

Requirements for VA loans in Maryland are different from the requirements for conventional loans.

Low Credit Score Requirement

There is no set credit score required by the VA because the VA does not issue the loan. Instead, lenders set their own credit score requirements for VA loans, and typically these requirements for military personnel are a lot lower than conventional loans. A minimum credit score of 580 is recommended for applying for a VA loan.


Your lender will want to verify your income to ensure that you’re able to pay back the loan. They may ask for bank statements, tax returns, and pay stubs in order to verify this information.

The VA also has its own requirements, including:

Appraisal by VA

The VA will appraise the house before approving you for the loan to ensure that their requirements are met.

Active Duty Members

Active duty service members must meet the minimum active duty service requirements as outlined by the VA.


Veterans must also meet the minimum active-duty service requirement.

For more information on eligibility, visit How to Get a VA Home Loan.


Types of VA Mortgage Programs

If a Maryland VA home loan sounds like it could help you and your family move into the home of your dreams, we offer several types and can help you find the best one for your needs.

  • VA Purchase Loan: fA purchase loan can be used by veterans or active-duty members to buy, build, or renovate a home that will be their primary residence. This loan requires no down payment.
  • VA Streamline Refinance Loan (IRRRL): A VA IRRRL is an interest rate reduction refinance loan that allows veterans to refinance their homes for better terms.
  • VA Cash-Out Refinance Loan: With VA cash-out loans, veterans can refinance their mortgage while giving them the opportunity to turn the equity in the home into cash that can be used to pay off debt.


Apply for a VA Loan in Maryland

Are you an active-duty service member or a veteran? You may qualify for a VA loan so that you can purchase a home with no money down. Learn more about our VA loans by talking to one of our experienced home loan experts.

Ready to start the process? Complete an application online to begin the process of buying your home. We provide a streamlined process and dedicated loan officers that can help you through the mortgage application process quickly and without stress.