This is not quite official, but the Conventional (Fannie Mae) limits for Seattle will be:
This has been quite the roller coaster ride. They decided to use just the Seattle MSA (metropolitan statistical area) instead of the Puget Sound area that they have used in the past. This is really great news and much better than had been expected.
The loan limit cap is official but the limits are not in place quite yet. We don’t know what the pricing or additional restrictions that might be put on this new category of loans.
This should be coming up in the next few days.
New Loan limits:
FNMA
$729,750 SFR
$934,200 Duplex
$1,129,250 Triplex
$1,403,400 Fourplex
Stay tuned
