My New Blog

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.