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Washington State FHA Loan Limits 2018

What are the loan limits for FHA Home Loans in Washington State?

Washington State FHA loan limits are established by Department of Housing and Urban Development (HUD) and can be revised yearly. Below, you will find the 2018 FHA loan limits for all counties in Washington State. In most cases, they were increased from 2017 to 2018, in response to rising home prices.

Note: In the table below, “one-family” refers to a single-family home or condo. “Two-family” refers to a duplex-style property, and so on. If you’re buying a single-family home, condo, or manufactured home to as your primary residence, refer to the one-family column below.

CountyOne-FamilyTwo-FamilyThree-FamilyFour-Family
ADAMS $294,515 $377,075 $455,800 $566,425
ASOTIN $294,515 $377,075 $455,800 $566,425
BENTON $294,515 $377,075 $455,800 $566,425
CHELAN $342,700 $438,700 $530,300 $659,050
CLALLAM $384,100 $491,700 $594,350 $738,650
CLARK $448,500 $574,150 $694,000 $862,500
COLUMBIA $294,515 $377,075 $455,800 $566,425
COWLITZ $294,515 $377,075 $455,800 $566,425
DOUGLAS $342,700 $438,700 $530,300 $659,050
FERRY $294,515 $377,075 $455,800 $566,425
FRANKLIN $294,515 $377,075 $455,800 $566,425
GARFIELD $294,515 $377,075 $455,800 $566,425
GRANT $294,515 $377,075 $455,800 $566,425
GRAYS HARBOR $294,515 $377,075 $455,800 $566,425
ISLAND $345,000 $441,650 $533,850 $663,450
JEFFERSON $322,000 $412,200 $498,250 $619,250
KING $667,000 $853,900 $1,032,150 $1,282,700
KITSAP $330,050 $422,500 $510,700 $634,700
KITTITAS $294,515 $377,075 $455,800 $566,425
KLICKITAT $294,515 $377,075 $455,800 $566,425
LEWIS $294,515 $377,075 $455,800 $566,425
LINCOLN $294,515 $377,075 $455,800 $566,425
MASON $294,515 $377,075 $455,800 $566,425
OKANOGAN $294,515 $377,075 $455,800 $566,425
PACIFIC $294,515 $377,075 $455,800 $566,425
PEND OREILLE $294,515 $377,075 $455,800 $566,425
PIERCE $667,000 $853,900 $1,032,150 $1,282,700
SAN JUAN $483,000 $618,300 $747,400 $928,850
SKAGIT $315,100 $403,350 $487,600 $605,950
SKAMANIA $448,500 $574,150 $694,000 $862,500
SNOHOMISH $667,000 $853,900 $1,032,150 $1,282,700
SPOKANE $294,515 $377,075 $455,800 $566,425
STEVENS $294,515 $377,075 $455,800 $566,425
THURSTON $316,250 $404,850 $489,350 $608,150
WAHKIAKUM $294,515 $377,075 $455,800 $566,425
WALLA WALLA $294,515 $377,075 $455,800 $566,425
WHATCOM $345,000 $441,650 $533,850 $663,450
WHITMAN $294,515 $377,075 $455,800 $566,425
YAKIMA $294,515 $377,075 $455,800 $566,425


Rising Home Prices Brings Higher Limits

Each year, HUD reviews the FHA loan limits for across the country, and compares them to median home prices. Sometimes the limits are increased from one year to the next, to keep up with home price appreciation, sometimes they remain the same. Fortunateely, the limits increased from 2017 to 2018, across Washington State.

On December 7, 2017, HUD announced that it would be increasing FHA loan limits for 2018 in most areas. In the related press release:

“Due to robust increases in median housing prices and required changes to FHA’s floor and ceiling limits, which are tied to the Federal Housing Finance Agency (FHFA)’s increase in the conventional mortgage loan limit for 2018, the maximum loan limits for FHA forward mortgages will rise in 3,011 counties. In 223 counties, FHA’s loan limits will remain unchanged.”

Here are the key changes being made for 2018:

  • The baseline limit for most counties nationwide was increased from $275,665 to $294,515.
  • The Maximum for high-cost areas rose from $636,150 to $679,650.

(Note: The 2018 FHA loan limit within the Seattle metro-area counties of King, Pierce and Snohomish for a single-family home is $667,000.)

What is the difference between a "regular" FHA and a Jumbo FHA?

In counties where the FHA loan limit is ABOVE the base limit for that state, it's considered an "FHA Jumbo" loan.  In 2018, in Washington State, the base FHA loan limit is $448,500, and anything above that amount is considered an FHA jumbo loan.  You can still do a 3.5% down payment loan on an FHA Jumbo loan.  The main difference you'll notice is a slightly higher interest rate.  Other than that, everything is the same!  

Want to Learn More?

The Federal Housing Administration’s loan program offers unique benefits, including a low down payment of only 3.5%. This program is particularly important for first-time home buyers who want a lower down payment.  It can be used for anyone, however, even if you have previously owned a home. You can use FHA loans more than once and even have 2 at the same time if you have relocated away from your prior home with FHA financing. 

Dolan Mortgage Team offers FHA loans for borrowers across Washington State. We’ve been proudly serving the Pacific Northwest for more than 11 years. 

If you’re thinking about an FHA home loan in 2018, or if you just have questions about the program, please contact me today. We can help you choose the right loan for your exact needs.

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