During 2026, the USDA loan threshold in Franklin, situated in St. Mary County, LA, is $336,500, whereas the FHA loan ceiling is $472,030 for a single-family dwelling.
Make use of the Lendersa® USDA loan calculator to assess and contrast the competitive USDA and FHA rates available today, thus determining the necessary income, credit, reserves, and documentation to qualify. Our sophisticated mortgage calculator lets you compare USDA, FHA, Conforming, and VA options side-by-side, assisting you in choosing the most suitable program in Alabama for your financial scenario.
Loan limits and down payment details for 2026 in Franklin, St. Mary, LA
Loan Type
Loan Cap
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA & FHA Loan Opportunities in Franklin, LA
Lendersa® aims to connect you with the optimal USDA or FHA loan efficiently and seamlessly. Begin with one of three initial steps that will match you with lenders and the USDA loan programs best suited for you.
USDA home loans are backed by the government via the Department of Agriculture, commonly referred to as USDA rural development loans or USDA mortgages, and available exclusively in rural areas. In contrast to FHA loans that demand at least a 3.5% down payment, USDA loans require no down payment at all.
The First National Bank is committed to the families and businesses of our communities through tailored financial solutions, service and responsiveness.
Finance your needs backed by the savings you've already established with us. Best of all, your savings remain intact, and incurring interest.
Patterson State Bank was founded in 1925 by Harry Williams and E. F. Marin. Together they had a great vision for their community; a bank for their city to call its own. At that time, the larger banks in New Orleans were not responsive to the needs of families and business owners in
Community First Bank resolves to be a high performance company by attracting customers with competitive products but retaining them by far exceeding their service expectations. We will provide our Bankers with an enriching and fulfilling environment in order to create added value for long term customer.
Since 1981, All-State Credit Plan, has been helping individuals with financial assistance when they need it by providing consumer loans. One of our goals is to get you the money you need when you need it. With Over 20 Locations in South Louisiana & Mississippi We’re Sure to Have One Near You. Most Loans are Approved Within 1 Hour.
Morgan City Bank was established in 1954, and the doors first opened for business on January 20, 1955. The original office was located in Morgan City on Front Street. By that we mean whenever you walk into an M C Bank branch, you can expect to receive the attention and respect you deserve and the helpful, customized advice you seek.
The Bank of Erath was organized in August of 1910 and opened its door for business on November 18, 1910. With our roots firmly established in Vermilion Parish our founding family names like Moresi, Caldwell, Broussard and LeBlanc are still prominent and recognizable to today's parish residents.
Gulf Coast Bank is a locally-owned and operated full-service banking institution with 9 locations within Lafayette and Vermilion Parishes. Whether your financial needs are personal or business related, Gulf Coast Bank has the knowledge and products to serve you best. Gulf Coast Bank is known throughout Acadiana for our continued generous support.
Abbeville Building & Loan is a mutual state-chartered savings bank that has been operating in Abbeville, Louisiana since 1890. Our bank prides itself in providing excellent customer service. Our main emphasis is the origination and servicing of owner-occupied residential loans. We also have a full range of savings accounts
Preferred Lending Solutions offers several home loan products including, but not limited to, Rural Development (100% financing), FHA, Conventional, VA (100% financing), and Jumbo loans. Options for closing costs and down payment assistance programs are available in addition to our very low lender fees and competitive rates
