BREAKING NEWS: 2015 Conforming Loan Limits HIGHER for King, Pierce and Snohomish Counties

November 24, 2014 by 3 Comments

I just received notice from FHFA that overall, 2015 loan limits will remain the same for most counties except for a few counties with higher loan limits. In Washington state, the counties with higher loan limits in 2015 are King County, Snohomish County and Pierce County.

2015 Conforming Loan Limits for King, Snohomish and Pierce Counties:

  • One Unit: $517,500 (increased from $506,000)
  • Two Unit: $662,500 (increased from $647,500)
  • Three Unit: $800,800 (increased from $783,000)
  • Four Unit: $995,200 (increased from $973,100)

All other counties in Washington state have the same loan limits as 2014.

Stay tuned for announcements on FHA and VA loan limits for 2015.

Filed Under: Fannie, Freddie and FHFA Tagged With: , ,

Trackbacks

  1. 2014 Conforming Loan Limits for Washington State says:
    December 13, 2014 at 8:27 am

    […] UPDATE 12/13/2014: 2015 Conforming Loan Limits have been announced! […]

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  2. 2015 Conforming Loan Limits for Washington State says:
    December 14, 2014 at 8:03 am

    […] Earlier this month, the FHFA announced the 2015 conforming loan limits for homes located in Washington state. A conforming loan is a conventional loan (ie Fannie Mae or Freddie Mac). Loan amounts that exceed the conforming loan limit are considered jumbo loans (or non-conforming) and have different underwriting guidelines and rates. […]

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  3. BREAKING NEWS: 2015 FHA Loan Limits HIGHER for King, Snohomish and Pierce Counties says:
    December 15, 2014 at 12:31 pm

    […] HUD just released the loan limits for 2015. All Washington state counties will have the same FHA loan limits as 2014 with exception to King County, Snohomish County and Pierce County. The tri-county area has higher loan limits that mirror 2015 conforming loan limits. […]

    Reply

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