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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

The Federal Housing Finance Agency (FHFA) announced on 11/28/2017 that the maximum loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018 will be revised upwards. The new loan limits for Conforming One-Unit properties is now at $453,100 which is $29,000 higher than the 2017 loan limits at $424,000. Here in King County, WA - we are qualified for high-cost area limits at $667,000 for One-Unit properties. Check online here for FHA, Conventional and county specific loan limits.

Posted by Sam Kader on December 8th, 2017 3:55 PM
In ever increasing housing prices - relief came early this year in FNMA increasing its loan limits as shown below:  

Here in King County, Washington - we are qualified as High-Cost Area Provisions or HERA (areas where one-unit loan limit exceeds $424,100 and up to $592,250 in continental U.S. or is above $636,150 for locations in Alaska, Hawaii and U.S. Virgin Islands).  Loan amount up to $592,250 for a single family home in King county is still considered as High Balance Conforming Loan Limits. Anything above $636,150 is considered a Jumbo.  For the rest of the country - you may review the 2017 new loan limits here.  Here's the new loan limits for 2019

Posted by Sam Kader on July 24th, 2017 6:49 PM



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