Conforming Loan Limits 2024 Seattle. For all cities within king, pierce, and snohomish counties, the high balance conforming loan limit remains at $977,500 for 2024. This is due to houses prices having increased 5.56%, on average, between the third quarter of 2022 and 2023, according to the fhfa's seasonally adjusted house price index data.
This page includes the 2024 conforming loan limits for all washington state counties, with some additional commentary about how and why these caps are set.home loans that exceed the maximum amounts shown below are considered “jumbo” mortgages. This is due to houses prices having increased 5.56%, on average, between the third quarter of 2022 and 2023, according to the fhfa’s seasonally adjusted house price index data.
On A Percentage Basis, This Hike Matches The Average Increase In U.s.
If you are unfamiliar with the loan limit for your area, the fhfa provides a map with the amount for each county.
What Is The Conforming Loan Limit For 2024?
In 2024, the loan limit for 1 unit has increased with the maximum in washington at $977,500 and in colorado is $856,750 while loan limits specific for each county so refer to the table below.