When buying a home, one of your mortgage options may be a conforming loan. In this post, you will learn exactly what a conforming mortgage is, and what the conforming loan limits are in 2023 in Washington State and Colorado.
What is a Conforming Loan?
A conforming loan is a mortgage that fits within the Fannie Mae and Freddie Mac conforming loan limits.
A loan that is too large to fit within those limits is called a “non-conforming” or “jumbo” mortgage.
The conforming loan limits are set by county. There is a set of base limits that apply to most counties throughout the country, and higher conforming loan limits for more expensive counties.
So long as you are not looking to borrow more than the conforming loan limits for your county, then you can get a conforming loan. If you are borrowing more than the loan limits permit, you can buy a home with a jumbo mortgage.
What are the Conforming Loan Limits in Washington State in 2023?
In the vast majority of counties in Washington State, the same baseline conforming loan limits apply as do nationwide:
- 1 unit: $726,200
- 2 units: $929,850
- 3 units: $1,123,900
- 4 units: $1,396,800
As King, Snohomish and Pierce counties are more expensive, they have corresponding higher loan limits. Here are the conforming loan limits for King, Snohomish and Pierce counties:
- 1 unit: $977,500
- 2 units: $1,251,400
- 3 units: $1,512,650
- 4 units: $1,879,850
Here is the complete Washington Chart Below
County | 1-Unit | 2-Units | 3-Units | 4-Units |
ADAMS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
ASOTIN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
BENTON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CHELAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CLALLAM | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CLARK | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
COLUMBIA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
COWLITZ | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
DOUGLAS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
FERRY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
FRANKLIN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
GARFIELD | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
GRANT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
GRAYS HARBOR | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
ISLAND | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
JEFFERSON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
KING | $977,500 | $1,251,400 | $1,512,650 | $1,879,850 |
KITSAP | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
KITTITAS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
KLICKITAT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LEWIS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LINCOLN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MASON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
OKANOGAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PACIFIC | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PEND OREILLE COUNTY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PIERCE | $977,500 | $1,251,400 | $1,512,650 | $1,879,850 |
SAN JUAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SKAGIT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SKAMANIA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SNOHOMISH | $977,500 | $1,251,400 | $1,512,650 | $1,879,850 |
SPOKANE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
STEVENS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
THURSTON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WAHKIAKUM | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WALLA WALLA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WHATCOM | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WHITMAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
YAKIMA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
What are the Conforming Loan Limits in Colorado in 2023?
Some counties in Colorado have the same conforming loan limits that most counties do nationwide:
- 1 unit: $726,200
- 2 units: $929,850
- 3 units: $1,123,900
- 4 units: $1,396,800
There are a number of counties in Colorado that have higher conforming loan limits. Find a full chart of conforming loan limits in CO below:
County Name | 1-Unit | 2-Units | 3-Units | 4-Units |
ADAMS | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
ALAMOSA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
ARAPAHOE | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
ARCHULETA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
BACA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
BENT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
BOULDER | $856,750 | $1,096,800 | $1,325,800 | $1,647,650 |
BROOMFIELD | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
CHAFFEE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CHEYENNE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CLEAR CREEK | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
CONEJOS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
COSTILLA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CROWLEY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
CUSTER | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
DELTA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
DENVER | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
DOLORES | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
DOUGLAS | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
EAGLE | $1,075,250 | $1,376,550 | $1,663,900 | $2,067,850 |
ELBERT | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
EL PASO | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
FREMONT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
GARFIELD | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
GILPIN | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
GRAND | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
GUNNISON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
HINSDALE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
HUERFANO | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
JACKSON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
JEFFERSON | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
KIOWA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
KIT CARSON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LAKE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LA PLATA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LARIMER | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LAS ANIMAS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LINCOLN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
LOGAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MESA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MINERAL | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MOFFAT | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MONTEZUMA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MONTROSE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
MORGAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
OTERO | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
OURAY | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PARK | $787,750 | $1,008,450 | $1,219,000 | $1,514,950 |
PHILLIPS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PITKIN | $948,750 | $1,214,600 | $1,468,150 | $1,824,550 |
PROWERS | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
PUEBLO | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
RIO BLANCO | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
RIO GRANDE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
ROUTT | $845,250 | $1,082,100 | $1,308,000 | $1,625,500 |
SAGUACHE | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SAN JUAN | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SAN MIGUEL | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
SEDGWICK | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
SUMMIT | $953,350 | $1,220,450 | $1,475,250 | $1,833,400 |
TELLER | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WASHINGTON | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
WELD | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
YUMA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
Buy a Home with a Conforming or Jumbo Loan
At your consultation, we can answer all of your questions about conforming loans in-depth, and help you figure out whether you need a conforming or jumbo loan. To get started, please call us at (206) 352-6453. We can serve you anywhere in CO or WA.
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