The base conventional conforming loan limits have increased from $424,100 to $453,100 on single family one unit properties. Home loans that exceed the maximum amounts shown below are considered “jumbo” loans. Fannie Mae and Freddie Mac provide higher loan limits in areas designated as “high-cost” based on criteria set forth by the Housing and Recovery Act. In the more expensive counties (King | Snohomish | Pierce), the single-family loan limit has been increased to $667,000 for 2018.
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New Base Conforming Loan Limits: |
New High Balance Conforming Loan Limits: (King | Snohomish | Pierce) |
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1 unit – $453,100 |
1 unit – $667,000 |
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2 unit – $580,150 |
2 unit – $853,900 |
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3 unit – $701,250 |
3 unit – $1,032,150 |
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4 unit – $871,450 |
4 unit – $1,282,700 |