2019 FHA Loan Limits for Washington State

HUD had just announced the FHA loan limits for 2019. Homes in the greater Seattle area, including King, Pierce and Snohomish counties, will have a higher loan limit, often referred to as an FHA jumbo. Not all counties received higher loan limits for 2019. Clark, Island, King, Kitsap, Pierce, Skagit, Skamania, Snohomish, Thurston and Whatcom counties have increased loan limits for 2019.

Here is a complete list of FHA loan limits for all counties in Washington. [Read more…]

BREAKING NEWS: 2019 FHA Loan Limits for Greater Seattle

HUD had just announced the FHA loan limits for 2019. Homes in the greater Seattle area, including King, Pierce and Snohomish counties, will have a higher loan limit, often referred to as an FHA jumbo. The FHA loan limits match those of conforming high balance loan amounts in these counties.

The 2019 FHA Loan Limits for homes located in King County, Snohomish County and Pierce County are:

  • One Unit: $726,525
  • Two Unit: $930,300
  • Three Unit: $1,234,475
  • Four Unit: $1,397,400

Stay tuned for a follow up post which will include all counties in Washington state.

 

2019 Conforming Loan Limits for Washington

Conforming loan limits are increasing again this year with the “base” loan limit for a single family home raised to $484,350.

Conforming high balance areas for King, Snohomish and Pierce counties have have higher limits for 2019 as well.  San Juan County will no longer has a high balance limit effective 2019.

King County, Snohomish County and Pierce County: [Read more…]

BREAKING NEWS: Conforming Loan Limits are HIGHER for 2019

Conforming loan limits effective 2019 will be increased from $453,100 to $484,350 for a single family dwelling. Homes located in “high balance areas” such as King County, Pierce County or Snohomish County, will have a conforming high balance loan limit of $726,525 from $667,000.

Stay tuned for a complete list of the 2019 conforming loan limits for homes located in Washington state.

PS: If you are considering refinancing or buying a home and want the higher loan limits with today’s interest rates, you may not have to wait! Contact me for more information if your home is located any where in Washington state, where I’m licensed.

2018 FHA Loan Limits for Washington State

iStock-000018668640XSmallHUD has just announced FHA loan limits for 2018. Due to the increased value of homes, the FHA base loan amount was increased to $294,515 for single family dwellings. FHA loan limits also match the conforming high balance limits in applicable counties. Not all counties saw an increase in FHA loan limits.

Loan limits for 2018 are in effect with FHA case numbers issued in 2018.

Here is a complete list of FHA loan limits for all counties in Washington. [Read more…]

2018 Conforming Loan Limits for Washington State

MortgageConforming loan limits are increasing again this year with the “base” loan limit for a single family home raised to $453,100.

Conforming high balance areas for King, Snohomish and Pierce counties have have higher limits for 2018 as well.

San Juan County’s high balance loan limits are unchanged from 2017. [Read more…]

2017 VA Loan Limits for Washington State

MortgageLoan limits for VA mortgages have been announced and, like last year, will follow the conforming loan limits.

Technically, VA loans do not have limits like conforming and FHA mortgages. The “loan limit” that is referred to with a VA loan is highest loan amount a Veteran can borrower without making a down payment. It’s really a great benefit to those who have served our county. VA Jumbo loans (loan amounts over the VA limit) allow veterans to buy higher priced home with a greatly reduced down payment. [Read more…]

2017 FHA Loan Limits for Washington State

iStock-000018668640XSmallHUD has just announced FHA loan limits for 2017. Loan amounts were increased for all Washington counties EXCEPT for Chelan, Callam, Douglas, Jefferson, San Juan and Skagit which have the same FHA loan limits as 2016.

Loan limits for 2017 are in effect with FHA case numbers issued in 2017.

[Read more…]