Jumbo Conforming Seattle Loans

Is Your Mortgage Really a Jumbo?


Good News For Residents of King, Pierce and Snohomish Counties


Until recently, mortgages were divided into conforming and non-conforming or ‘jumbo’ categories. Mortgages with loan amounts of $417,000 or less are still considered ‘conforming’. True jumbo loans typically carry a higher rate than smaller, non-conforming mortgages.

The good news for residents of King, Pierce and Snohomish Counties is there is now a middle category called ‘jumbo conforming’ or ‘high-balance conforming’. This category, available up to a maximum of $567,500 in these counties, typically provides borrowers with more options and better rates than ‘jumbo’ loans. While the rates are slightly higher in most cases than mortgages of $417,000 and less, the rates are typically much better than jumbo.

It’s best to call for us to review your specific circumstances and to better clarify the options available to you.

The market fluctuates, so the ‘jumbo conforming’ loans that are available now at competitive rates may not last. Act now… at the time of this writing, this category is not considered permanent and could be eliminated.

Seattle Mortgage Planners has access to a variety of lenders in the ‘jumbo conforming’ category and are ready to review your options at no obligation. We look forward to connecting with you!

Let us be the jumbo conforming Seattle expert in your corner.

While comparing dozens of lenders and shopping for the some of the most competitive jumbo loan options in Seattle, Seattle Mortgage Planners will keep your interests in mind, help to control the process, and keep you up to date along the way. Unlike a bank or credit union who typically have access to only their own product set, Seattle Mortgage Planners has access to hundreds of variations of loans to suit your specific circumstances.

Whether you are a downsizing purchasing a second home or just refinancing to take advantage of the low interest rates, Seattle Mortgage Planners has the experience to make your mortgage dreams come true.