LA mortgage rates

Franklin Parish County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Franklin Parish County, Louisiana. 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 Parish 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 Parish 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 Parish

A local view of the market.

The real estate market in Franklin Parish, Louisiana, has experienced a decline in home prices over the past year. As of September 2024, the median sale price of homes in the area was approximately $130,000, marking a decrease of 17.7% from the previous year. This trend reflects broader economic conditions and local market dynamics that have influenced property values in the region. Franklin Parish includes several notable cities, with Winnsboro being the largest and serving as the parish seat. Winnsboro has a population of around 4,800 residents, making it a central hub for local commerce and community activities. Other significant towns in the parish include Gilbert and Wisner, each contributing to the area's rural charm and community-oriented lifestyle. Living in Franklin Parish offers a predominantly rural experience, with a strong emphasis on agriculture and farming. The region's economy is largely supported by industries such as agriculture, forestry, and manufacturing. The area's rural setting attracts those seeking a quieter lifestyle away from urban centers, while its agricultural roots provide opportunities for those involved in farming and related industries. Migration patterns suggest that people are drawn to Franklin Parish for its affordable housing, community atmosphere, and the appeal of a rural lifestyle.

Questions & Answers

Refinancing in Franklin Parish County

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

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