Washington State Conforming Loan Limits in 2021

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This page includes the 2021 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 $548,250 (an increase over the 2020 cap of $510,400 ). In the more expensive Seattle-area counties of King, Pierce, and Snohomish, the single-family loan limit has been increased to $776,250 for 2021.

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2021 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.

County 1-Unit 2-Units 3-Units 4-Units
ADAMS $548,250 $702,000 $848,500 $1,054,500
ASOTIN $548,250 $702,000 $848,500 $1,054,500
BENTON $548,250 $702,000 $848,500 $1,054,500
CHELAN $548,250 $702,000 $848,500 $1,054,500
CLALLAM $548,250 $702,000 $848,500 $1,054,500
CLARK $548,250 $702,000 $848,500 $1,054,500
COLUMBIA $548,250 $702,000 $848,500 $1,054,500
COWLITZ $548,250 $702,000 $848,500 $1,054,500
DOUGLAS $548,250 $702,000 $848,500 $1,054,500
FERRY $548,250 $702,000 $848,500 $1,054,500
FRANKLIN $548,250 $702,000 $848,500 $1,054,500
GARFIELD $548,250 $702,000 $848,500 $1,054,500
GRANT $548,250 $702,000 $848,500 $1,054,500
GRAYS HARBOR $548,250 $702,000 $848,500 $1,054,500
ISLAND $548,250 $702,000 $848,500 $1,054,500
JEFFERSON $548,250 $702,000 $848,500 $1,054,500
KING $776,250 $993,750 $1,201,200 $1,492,800
KITSAP $548,250 $702,000 $848,500 $1,054,500
KITTITAS $548,250 $702,000 $848,500 $1,054,500
KLICKITAT $548,250 $702,000 $848,500 $1,054,500
LEWIS $548,250 $702,000 $848,500 $1,054,500
LINCOLN $548,250 $702,000 $848,500 $1,054,500
MASON $548,250 $702,000 $848,500 $1,054,500
OKANOGAN $548,250 $702,000 $848,500 $1,054,500
PACIFIC $548,250 $702,000 $848,500 $1,054,500
PEND OREILLE COUNTY $548,250 $702,000 $848,500 $1,054,500
PIERCE $776,250 $993,750 $1,201,200 $1,492,800
SAN JUAN $548,250 $702,000 $848,500 $1,054,500
SKAGIT $548,250 $702,000 $848,500 $1,054,500
SKAMANIA $548,250 $702,000 $848,500 $1,054,500
SNOHOMISH $776,250 $993,750 $1,201,200 $1,492,800
SPOKANE $548,250 $702,000 $848,500 $1,054,500
STEVENS $548,250 $702,000 $848,500 $1,054,500
THURSTON $548,250 $702,000 $848,500 $1,054,500
WAHKIAKUM $548,250 $702,000 $848,500 $1,054,500
WALLA WALLA $548,250 $702,000 $848,500 $1,054,500
WHATCOM $548,250 $702,000 $848,500 $1,054,500
WHITMAN $548,250 $702,000 $848,500 $1,054,500
YAKIMA $548,250 $702,000 $848,500 $1,054,500

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 2019 to 2020. 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 2021 conforming limit for most counties in Washington State is $548,250. 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.

View WA State Mortgage Rates Oct, 24, Sun, 2021

Why They Were Increased for 2021

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:

“..As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2021 in all but 18 counties or county equivalents in the U.S”

So the vast majority of counties across the U.S. will see higher caps in 2021, compared to 2020. Home prices nationally rose by an average of around 6.6% during 2020. In Washington, the median house value rose by around 11.3%. That is why we are seeing higher Washington State conforming loan limits in 2021.

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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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