2013 Mortgage Loan Limits for King County

rate changes

The 2013 mortgage loan limits for the  greater Seattle area are for the most part, the same as 2012.  The following loan limits apply for homes located in King, Snohomish or Pierce Counties. Conforming: 1 Unit: $506,000 2 Unit: $647,750 3 Unit: $783,000 4 Unit: $973,100 FHA: 1 Unit: $567,500 2 Unit: $726,500 3 Unit: […]

2008 Loan Limits to Return Soon

Part of the The American Recovery and Reinvestment Act of 2009 includes bringing back the higher 2008 loan limits to certain areas.   Locally this means we may see high balance loan limits increase from $506,000 for single family dwellings in King, Snohomish and Pierce counties back to $567,500.   Fannie Mae, Freddie Mac and FHA will […]

Fannie Mae's Jumbo-Conforming Loan Guidelines

I started this post with the plans of announcing the pricing for the Jumbo-Conforming mortgages…however, I just don’t have enough facts to do so yet. It looks like Fannie Mae’s add to rate is 0.25%…however, lenders will most likely have their own add to rate as well. (So far, I’ve only seen a jumbo-conforming rate […]