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2010 Washington Loan Limits for FNMA & FHLMC - WA Fannie Mae & Freddie Mac Loan limits 2010
2010 Washington FNMA & FHLMC - WA Fannie Mae & Freddie Mac Loan limits 2010
Fannie Mae & Freddie Mac have retained the expanded 2009 loan limits for 2010. The standard conventional loan limit remains at $417K accross the USA. This is also called the Conforming Loan Limit ($417K). High Cost Areas have loan limits based on the new formula in the 2008 housing bill passed in July of 2008, and are also called Conforming Jumbo, High Balance, or Super Conforming loans.
There are different ratios and loan to value ratios for the Fannie Mae & Freddie Mac loans that exceed the standard limit of $417K. They require a minimum of 10% down payment and a maximum debt ratio of 45%.
We also posted updates regarding the 2010 Washington FHA loan limits here
We offer Conforming Jumbo Loans for Single Family Homes up to $567,500 in King, Snohomish, and Pierce Counties. Up to $593,750 in San Juan County, and $475,000 in Kitsap County.
Check out the Loan limits for 2010 in your County:
County Name Single Family Duplex Tri-plex Four-plex
ADAMS $417,000 $533,850 $645,300 $801,950
ASOTIN $417,000 $533,850 $645,300 $801,950
LEWISTON, ID-WA (MSA)
BENTON $417,000 $533,850 $645,300 $801,950
KENNEWICK-RICHLAND-PASCO, WA (MSA)
CHELAN $417,000 $533,850 $645,300 $801,950
WENATCHEE, WA (MSA)
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