Thank you for sharing this! I'm down in Pierce County but have done deals in King so this is a super useful tool when moving forward!
The loan limits offer way more borrowing power in pierce and snohomish however it doesnt distinguish from the fact that its still huge for king county too.
Also dont forget you can get conventional 5% down on 2-4 unit owner occ too on home possible Freddie Mac conventional. They increased the income limits to around 100k which is somewhat realistic compared to prior it was like 60-70k which was not enough to even qualify for anything realistically in pierce except for rural pierce or far east side/Roy/Yelm/thruston county etc.
Thank you for sharing this! I'm down in Pierce County but have done deals in King so this is a super useful tool when moving forward!
The loan limits offer way more borrowing power in pierce and snohomish however it doesnt distinguish from the fact that its still huge for king county too.
Also dont forget you can get conventional 5% down on 2-4 unit owner occ too on home possible Freddie Mac conventional. They increased the income limits to around 100k which is somewhat realistic compared to prior it was like 60-70k which was not enough to even qualify for anything realistically in pierce except for rural pierce or far east side/Roy/Yelm/thruston county etc.