MS mortgage rates

Franklin County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Franklin County, Mississippi. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Franklin County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Franklin County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Franklin

A local view of the market.

Franklin County, Mississippi, has seen a modest increase in home values, with the average home value reaching $143,252, reflecting a 2.7% rise over the past year. This indicates a stable real estate market with gradual appreciation, making it an attractive option for potential homebuyers looking for affordable housing options in Mississippi. The county includes several small towns, with Meadville serving as the county seat. Although specific population figures for each town are not detailed, the county's rural nature suggests smaller, close-knit communities. These towns offer a glimpse into the traditional Southern lifestyle, characterized by friendly neighborhoods and a slower pace of life. Living in Franklin County is predominantly rural, with agriculture playing a significant role in the local economy. The landscape is dotted with farms and open spaces, providing a serene environment for those seeking a rural lifestyle. The county's economy is supported by industries such as agriculture and forestry, attracting individuals and families looking for a quieter life away from urban centers. Migration patterns often include those moving from more populated areas seeking the tranquility and affordability that Franklin County offers.

Questions & Answers

Refinancing in Franklin County

Common questions about 2026 loan limits and refinancing opportunities in Mississippi.

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