You may have heard mortgage rates are going to stay a bit higher for longer than originally…
Conforming Loan Limits have been raised in Oregon & Washington!
The national conforming loan limits for mortgages have been raised for 2022. This means that all counties in both Oregon and Washington now have higher loan limits for conventional loans that meet bank-funding criteria set by Fannie Mae and Freddie Mac. The new limits for Oregon and Washington are listed below.
Oregon 2022 Conforming Loan Limits (All counties)
Number of Units
1
2
3
4
Loan Limit
$647,200
$828,700
$1,001,650
$1,244,850
Washington 2022 Conforming Loan Limits (High-Balance Applies)
King County, Snohomish County and Pierce County
Number of Units
1
2
3
4
Loan Limit
$891,250
$1,140,950
$1,379,150
$1,713,950
All other Washington Counties
Number of Units
1
2
3
4
Loan Limit
$647,200
$828,700
$1,001,650
$1,244,850
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