A 3rd party broker that specializes in mortgages guaranteed by the US government

Franklin County, Florida VA Home Loan Info

2021 $0 down, VA home loan limit for Franklin County is $548,250.

Franklin County, Florida VA Homes for SaleWith Native Americans originally settling the area an estimated 12,000 years ago, Franklin County has a rich history of trade and migration. The Carrabelle Punctuated style of pottery is named for Carrabelle, the second largest city in the county. Clay pots made in this fashion were traded by the Natives of the county with the Spanish explorers who traveled through during the 1500’s. Established in 1832, the county is the namesake of Benjamin Franklin. After incorporation into the United States, the county experienced a mild growth in population as a result of the British trading post Cottonton was established in Apalachicola.

Located in the Florida Panhandle, Franklin County encompasses numerous rivers, state parks and the Barrier Islands. The Apalachicola National Forest is the largest national forest in the state. With the acreage of 632,890, it is the only national forest in the panhandle. The hunting and fishing found here is considered exemplary.

With a population of only 11,549, the county is the third smallest by populous in Florida. Despite its small size, the timber and fishing industries of the area play a prominent role in the state’s economy. With many historical landmarks found in the county, tourism has increased in recent years. Prominent retirement communities have also sprung up in the county, since 2000; the population has expanded by 5 percent.

The median home price of Franklin County is $159,800, and the median household income is $47,936.

To apply for a VA Home loan in Franklin County contact VA Home Loan Centers!

Veterans in Franklin County

Although only 1,500 veterans reside in Franklin County, the area has a rich military history. During World War II, the military conducted jungle warfare training exercises in the county. The beaches and Barrier islands were also used for amphibious training.

Although no VA center is located in the county, the Panama City Outpatient Clinic is in commuting distance. This center provides primary and specialty care options. The Veterans’ Service Office in Apalachicola helps veterans in applying for benefits and providing referrals, as well as offering entitlement counseling.

Veteran homeowners in Franklin County potentially qualify for a property tax exemption of $5,000. This exemption is contingent upon a service-related injury and a disability rating of ten percent or greater. Veterans living with a complete disability may qualify for a total exemption.

Maximum VA Appraisal Fees Allowable In Franklin County:

  • Single Family: $425
  • Condominium: $425
  • Manufactured Housing: $425
  • Duplex $500
  • Triplex: $550
  • Fourplex: $600
  • Repair Certification: $100

Franklin County Property Search

The VA HLC property search can be used for the following areas:

Carrabelle, Apalchicola, Eastpoint, Alligator Point, St. Teresa, Lanark, Bald Point

Franklin County VA Approved Condos

Currently, there are no VA approved condos in Franklin County. For assistance with a condo approval project contact VA Home Loan Centers immediately at 888-573-4496.


  1. Florida VA Loan Information: https://www.vahomeloancenters.org/florida-va-home-loan-limits/
  2. VA Loan Information by State: https://www.vahomeloancenters.org/va-loan-limit-maximum-va-loan-amount/