Home Loan Types Explained: Consumer, Investor & Specialty Financing
Clear definitions, real-world use cases, and Washington-specific guidance
Loan programs vary significantly based on your borrower profile, property type, and intended use. Whether you're a first-time homebuyer, experienced investor, or someone with unique financing needs, understanding your options is the first step toward making an informed decision. This guide explains residential, investor, and specialty loan programs in plain language—without sales claims or rate quotes.
Washington State – 2026 Projected Loan Limits
*These figures are labeled as 2026 projected baseline and are subject to FHFA and agency updates. Verify current limits at time of application.
Standard Conforming
~$832,750
Most borrowers in standard-cost areas
High-Balance (King, Pierce, & Snohomish Counties)
~$1,063,750
King County & other high-cost areas