{"id":121,"date":"2014-11-24T20:33:06","date_gmt":"2014-11-24T20:33:06","guid":{"rendered":"http:\/\/governmentloanpros.com\/washington\/?p=121"},"modified":"2023-02-01T17:12:26","modified_gmt":"2023-02-02T01:12:26","slug":"2023-seattle-loan-conforming-loan-limit-aka-conventional","status":"publish","type":"post","link":"https:\/\/governmentloanpros.com\/washington\/2023-seattle-loan-conforming-loan-limit-aka-conventional\/","title":{"rendered":"2023 Seattle Loan Conforming Loan Limit (aka Conventional)"},"content":{"rendered":"<p>The <strong>2023 Seattle area (King, Pierce and Snohomish Counties) conforming loan limit (aka high balance loan limit) will be $977,500.<\/strong> \u00a0 This is an increase from the 2022 Seattle limit of $891,250. \u00a0 The High Balance Conforming Loan Limit applies to all Fannie Mae (FNMA) and Freddie Mac Home Loans that exceed $726,200 up to the full $977,500 Seattle area \/ King\/ Snohomish\/ Pierce County Loan Limit for 2023.<\/p>\n<p>These are available with as little as 3-5% down payment. Seattle Conventional loans up to $726,200 require just a 3% down payment for first time home buyers.\u00a0 Seattle\/King County Metro area Conforming High Balance\/Jumbo loans are available with as little as 5% down payment up to $977,500.\u00a0 There are other options to use this Conforming Loan to exceed these amounts. We also offer piggyback seconds that would allow you to pair a $726,200 or $977,500 first mortgage with a new second lien, \u00a0with just 5% down required.\u00a0 This is helpful when the purchase price would put you into true Jumbo Loan territory.\u00a0 An example would be for a $1.2M Seattle home purchase with 5% down ($60k down), the new first mortgage would be at $977,500, and the new second mortgage would make up the remainder up to 95% LTV with a $162,500 balance.<\/p>\n<p>Call the Loan Pros at <strong>Vandyk Mortgage &#8211; 866-900-2342 toll free direct<\/strong>, or <strong>760-752-4480 local direct.<\/strong> \u00a0 Or simply apply via the link at the upper right.<\/p>\n<p>We are a Privately held Direct Lender offering a full suite of Purchase Loan options.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2023 Seattle area (King, Pierce and Snohomish Counties) conforming loan limit (aka high balance loan limit) will be $977,500. \u00a0 This is an increase from the 2022 Seattle limit of $891,250. \u00a0 The High Balance Conforming Loan Limit applies to all Fannie Mae (FNMA) and Freddie Mac Home Loans that exceed $726,200 up to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-121","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.9) - 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