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Looks like $567,500.
Here's the link so you can review...Fannie loan limits
No problem.
Lender rating
Since October 2009
4/23
officially the new conforming limit in king , snoh , and pierce have increased to $567,500.....but this is somewhat misleading .........this "increase" was really more like a new pricing tier being created / invented :
tier 1- true conforming rates ...these are still for loan amounts < $417K
tier 2 ( the new tier ) ...for loan amounts between $417K and $567,500 ( these rates are approx .75%- 1% over the true conforming rates
tier 3- jumbo rates ....slightly higher than tier 2 rates
so if you are looking for a loan in the tier 2 range ( $417K- $567,500) range , you still are likely best served to try to use a "2 loan approach" to fund the loan versus taking a single higher rate .
Lender rating
Since January 2009
Lender rating
Since October 2009
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Question: Anyone know the new Conforming Loan Maximum for Seattle, WA?
Rich Barton
Seattle
Contributions: 82
Zillow All-Star
Since October 2009
View full profile
Is it $729k?
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