USDA Vs. FHA your options comparison in Franklin, Franklin County, VA
In 2026, the USDA loan limit set in Franklin, Franklin county, VA, is $336,500, compared to the FHA limit of $507,150 for a single-family residence.
Utilize the Lendersa® USDA loan calculator to contrast the leading USDA and FHA rates of today, evaluating the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you'll see USDA, FHA, Conforming, and VA options laid out side by side, assisting you in deciding which program in fits your financial profile best.
2026 Loan Limits and Downpayment Requirements in Franklin, Franklin County, VA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$507,150
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Franklin, VA
The purpose of Lendersa® is to swiftly secure the ideal USDA or FHA loan without complications. Choose from three starting points that connect you with compatible lenders and USDA loan solutions.
A USDA home loan, guaranteed by the Department of Agriculture and referred to as a USDA rural development loan or mortgage, is offered exclusively in rural areas. Opposing FHA loans that require at least a 3.5% down payment, USDA loans are distinguished by needing no down payment.
111 Mill Creek Parkway, Suite 200, Chesapeake, VA, 23323
Lends in Virginia
At Reeds Real Estate we provide services that are targeted to meet your every need. Every client who seeks expert advice gets nothing but the best treatment. Expect successful negotiations, efficiently closed deals, and a seamless, stress-free experience. When you work with us, you can rest assured that you will always be our top priority.
BSV has a long and proud history of serving the community. While we operate over 15 locations today, we have very humble beginnings and strong roots.
The Bank of Southside Virginia has origins that begin in 1905 when the Bank of Stony Creek was chartered. In 1911, the Bank of Carson opened for business
PFD Firefighter's Credit Union, Inc. is a member-owned financial institution. We exist to provide a wide range of quality services based on member needs. Our intent is to encourage savings and provide loans in a personal and professional manner while ensuring sound financial management to safeguard member assets.
Virginia Educators Credit Union (VECU) is a financial organization established and directed by members of the educational community in the cities of Newport News, Williamsburg, and their surrounding counties. The credit union was established in 1954 as the Warwick Teachers’ Association Credit Union.
In 1928, nine shipyard workers from Newport News Shipbuilding formed an organization with a specific purpose as a low-interest source of loans and a trusted place to deposit money. Today, BayPort Credit Union is rated a Superior 5-Star Credit Union by Bauer Financial, managing $2.2 billion in assets
11815 Fountain Way, Suite 300, Office 364, Newport News, VA, 23606
Lends in Virginia
At Allegiance Home Lending, our mission is to provide our clients with high-quality mortgage brokerage services, serving them with honesty and integrity. We strive to make the process easier by educating and handholding them each step of the way. We focus on obtaining the lowest rates
11815 Fountain Way, Suite 300, Newport News, VA, 23606
Lends in Virginia
MMMT Mortgage is a premier mortgage company that has been serving home buyers in Virginia and Maryland since 2006. I am a licensed and experienced loan officer with wide-ranging trade expertise and a lifelong passion for assisting people in need. As your mortgage broker, I promise to use my skills, products, and network to serve you.
742 Thimble Shoals Boulevard, Suite A, Newport News, VA, 23606
Lends in Virginia
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
11780 Jefferson Ave, Suite C, Newport News, VA, 23606
Lends in Virginia
Old Point is a family of organizations designed to meet all of your financial needs. Their employees live, work, and shop in the footprint in which they serve, and they pride themselves on creating a better community every day. Visit OldPoint.com to discover Old Point National Bank, Old Point Trust, Old Point Mortgage, and Old Point Insurance.
