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Loan Limits in Washington State

July 24th, 2017 6:49 PM by Salim (Sam) Kader MLO# 130505

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 Salim (Sam) Kader MLO# 130505 on July 24th, 2017 6:49 PM



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