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Information for Single-Family Lending and Real Estate Professionals
 
Program Announcement

December 10, 2019
2020 Loan Limit Changes

Dear Lending Partners:

The Commission will implement the 2020 new loan limits in accordance with agency guidelines to our Home Advantage and House Key programs.

- Effective immediately, the conforming loan limit of $510,400 will be implemented to our Home Advantage and House Key Fannie Mae HFA Preferred and Freddie Mac HFA Advantage programs.

- The high balance add-on fee will apply to Home Advantage loan amounts above $510,400 and up to $741,750 in King, Pierce and Snohomish counties.

- On January 1, 2020 the Commission will implement the new 2020 loan limits to the FHA Home Advantage and House Key programs.

Please note: High balance loans not available on Freddie Mac HFA Advantage.

If you have additional questions, please email Corinna.Obar@wshfc.org

 

 
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