My New Blog

2019 New Loan Limits

December 5th, 2018 5:58 PM by Sam Kader

The Federal Housing Finance Agency (FHFA) has recently announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019.  We are accepting these new loan limits effective immediately: 

 
Here's the map for an entire country and you can zoom in to each county in Washington state or you can download either an excel spreadsheet or PDF version of the file. 

The conforming loan limit as established by the Housing and Economic Recovery Act (HERA) is reviewed each year and adjusted as necessary to reflect the change in the average U.S. home price. The new limit represents an increase of 6.9% over the $453,100 limit in 2018. Higher loan limits will vary by state and county. However, it cannot exceed the new ceiling limit of $726,525 for one-unit properties. 

The Federal Housing Administration (FHA) and the VA are expected to adopt the same loan limits for 2019. 











Posted by Sam Kader on December 5th, 2018 5:58 PM

Archives:

Categories:

My Favorite Blogs:

Sites That Link to This Blog:

Ask Sam

Everyone is unique. Complete the form below and I will contact you personally.

Contact Information
Question or Comment