In 2026, the USDA loan limit for Franklin in Macon County, NC, is set at $336,500. Contrastingly, for single-family homes, the FHA limit stands at $472,030.
To explore the best current rates between USDA and FHA, make use of the Lendersa® USDA loan calculator. It assists in determining the income, credit standards, reserves, and documentation required to qualify. This comprehensive mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loan options to help you choose which program in suits your financial situation best.
2026 Loan Limits and Down Payment Requirements in Franklin, Macon County, NC
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Franklin, NC
The aim of Lendersa® is to swiftly and effortlessly secure the best USDA or FHA loan for you. Start by selecting one of three straightforward paths to connect with matching lenders and USDA loan programs.
A USDA home loan, guaranteed by the U.S. Department of Agriculture, is also referred to as the USDA rural development loan or USDA mortgage. It is exclusively available in rural areas and distinct from FHA loans, which mandate a minimal 3.5% down payment. USDA loans require no down payment, making them particularly appealing in eligible rural settings.
Nantahala Bank was organized in 2004 as a state-charted bank and is headquartered at 120 Siler Road, Franklin, NC. We have around 530 shareholders with the vast majority of those living in the communities we serve: Franklin (Macon County, NC), Hayesville (Clay County, NC) and Murphy (Cherokee County, NC).
WNC Community Credit Union is dedicated to better serving the individuals and families in our western North Carolina community. Friendly, smiling faces are always working hard to provide you with the right financial services to succeed in today’s fast-paced world.
Mountain Credit Union was granted an amendment to our Community Charter allowing us to serve four additional Western North Carolina counties – Cherokee, Clay, Graham and Madison. Our charter now allows us to serve anyone who lives, works, worships or attends school in Buncombe, Cherokee, Clay, Graham, Haywood, Henderson, etc
Ecusta Credit Union was founded in 1976 in order to provide the Olin Corporation employees with a safe, convenient place to save as well as borrow – a financial institution dedicated to their best interest.
After several name changes, we are now known as Ecusta Credit Union, we offer our services to everyone who lives, works, worships
Bruce Roberts (CEO of Carofin and Carolina Financial Securities—Carofin’s parent company), and Peter Milhaupt (Chairman of Carolina Financial Securities). Their paths had crossed many times, both in finance and as friends, when in 1995 they became business partners in the formation of the Carolina Financial Securities (CFS).
