Washington State Conforming Loan Limits in 2023

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This page includes the 2023 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.

At a glance: The current single-family conforming loan limit for most counties in Washington State is $726,200 (an increase over the 2022 cap of $647,200). In the more expensive Seattle-area counties of King, Pierce, and Snohomish, the single-family loan limit has been increased to $977,500 for 2023.

2023 Conforming Loan Limits for Washington State

The table below shows conforming loan limits for all Washington counties, and for all four property types. Note: a “1-unit” property is a single-family home with one resident. The “2-unit” column applies to duplex-style properties with two separate residents, and so on. If you’re buying a single-family home or condo in Washington State, refer to the “1-unit” conforming loan limit column.

County1-Unit2-Units3-Units4-Units
ADAMS$726,200$929,850$1,123,900$1,396,800
ASOTIN$726,200$929,850$1,123,900$1,396,800
BENTON$726,200$929,850$1,123,900$1,396,800
CHELAN$726,200$929,850$1,123,900$1,396,800
CLALLAM$726,200$929,850$1,123,900$1,396,800
CLARK$726,200$929,850$1,123,900$1,396,800
COLUMBIA$726,200$929,850$1,123,900$1,396,800
COWLITZ$726,200$929,850$1,123,900$1,396,800
DOUGLAS$726,200$929,850$1,123,900$1,396,800
FERRY$726,200$929,850$1,123,900$1,396,800
FRANKLIN$726,200$929,850$1,123,900$1,396,800
GARFIELD$726,200$929,850$1,123,900$1,396,800
GRANT$726,200$929,850$1,123,900$1,396,800
GRAYS HARBOR$726,200$929,850$1,123,900$1,396,800
ISLAND$726,200$929,850$1,123,900$1,396,800
JEFFERSON$726,200$929,850$1,123,900$1,396,800
KING$977,500$1,251,400$1,512,650$1,879,850
KITSAP$726,200$929,850$1,123,900$1,396,800
KITTITAS$726,200$929,850$1,123,900$1,396,800
KLICKITAT$726,200$929,850$1,123,900$1,396,800
LEWIS$726,200$929,850$1,123,900$1,396,800
LINCOLN$726,200$929,850$1,123,900$1,396,800
MASON$726,200$929,850$1,123,900$1,396,800
OKANOGAN$726,200$929,850$1,123,900$1,396,800
PACIFIC$726,200$929,850$1,123,900$1,396,800
PEND OREILLE COUNTY$726,200$929,850$1,123,900$1,396,800
PIERCE$977,500$1,251,400$1,512,650$1,879,850
SAN JUAN$726,200$929,850$1,123,900$1,396,800
SKAGIT$726,200$929,850$1,123,900$1,396,800
SKAMANIA$726,200$929,850$1,123,900$1,396,800
SNOHOMISH$977,500$1,251,400$1,512,650$1,879,850
SPOKANE$726,200$929,850$1,123,900$1,396,800
STEVENS$726,200$929,850$1,123,900$1,396,800
THURSTON$726,200$929,850$1,123,900$1,396,800
WAHKIAKUM$726,200$929,850$1,123,900$1,396,800
WALLA WALLA$726,200$929,850$1,123,900$1,396,800
WHATCOM$726,200$929,850$1,123,900$1,396,800
WHITMAN$726,200$929,850$1,123,900$1,396,800
YAKIMA$726,200$929,850$1,123,900$1,396,800

How These Limits Are Set

Washington State conforming loan limits are determined by the Federal Housing Finance Agency (FHFA). The Housing and Economic Recovery Act of 2008 (HERA) requires the FHFA to monitor and track average home prices in the U.S., and to annually adjust the baseline jumbo loan limit as needed to reflect changes in national home values.

In other words, if prices go up considerably in a certain county, FHFA may increase the corresponding loan limits to keep pace with rising home values. That’s what happened from 2021 to 2022. Conforming limits are usually set at 115% of the median home price for each area, though they can exceed this level in some high-cost areas.

The 2023 conforming limit for most counties in Washington State is $726,200. The three exceptions to this baseline amount are King, Pierce, Snohomish counties. (See the table above for county-by-county details.)

In recent years, FHFA has used the median home values estimated by the Federal Housing Administration (FHA), which is part of HUD. So there are several federal housing agencies involved in determining loan limits.

Check out our mortgage loan limit tool for conventional, FHA, and VA loans.

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Why They Were Increased for 2023

We predicted that federal housing officials would increase the Seattle jumbo loan threshold in response to significant home-price gains that occurred during the year. That prediction turned out to be accurate. In fact, the FHFA raised limits across most of the country.

According to a recent news release from FHFA:

“The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of $79,000 from $647,200 in 2022.​”

So, the vast majority of counties across the U.S. will see higher caps in 2023, compared to 2022. Home prices nationally rose by an average of around 13.5% during 2022. In Washington, the median house value rose by around 11%. That is why we are seeing higher Washington State conforming loan limits in 2023.

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Have Questions About Mortgages in Washington?

If you’re wondering about the eligibility requirements to get a home loan in Washington State, we can help. Sammamish Mortgage offers a variety of mortgage programs for home buyers and homeowners in Washington State, including FHA, VA and conventional, and have been in the business since 1992. We can answer any questions you have about qualifying for a mortgage. We can also give you a rate quote based on the type of loan you need. Call us today to get the process started!

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