Explore the differences! FHA VS Conventional loan programs in East-Lyme, New London County, Connecticut

In 2026, the Conventional loan limit in East-Lyme, located in the county of New London, CT, is $647,200. Meanwhile, the FHA limit for single-family homes is $420,680.

Leverage the Lendersa® Conventional loan calculator to assess today's leading rates among Conventional, FHA, and USDA loans. Determine the needed income, credit score, reserves, and necessary documents for qualification. Our advanced mortgage calculator allows side-by-side viewing of Conforming Conventional loans, USDA, FHA, and VA, so you can select the best program for your personal financial scenario in CT.

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2026 Loan Limits and Down Payment Requirements in East-Lyme, New London, CT

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This comparison table is applicable to zip codes: 06357

Explore Conventional and FHA Loan Options in East-Lyme, CT

The primary goal of Lendersa® is to swiftly provide you with the best possible Conventional, USDA, or FHA loan, ensuring a smooth process. Choose from three starting options to connect with lenders and customized loan programs.

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East-Lyme Lenders

  • Gateway Mortgage Services, LLC
  • 428 Boston Post Road, Waterford, CT, 06385
  • Lends in Connecticut
  • At Gateway Mortgage Services, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you

  • Eastern Financial Services Inc
  • 49 Sherwood Terrace, Old Saybrook, CT, 06475
  • Lends in Connecticut
  • 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.

  • Scient Federal Credit Union
  • 60 Colver Avenue, Groton, CT, 06340
  • Lends in Connecticut
  • Scient Federal Credit Union is a member-owned, federally insured credit union that has been serving the needs of life science professionals and their families since 1968. Built upon the philosophy of “people helping people, ” Scient works to improve the quality of our members’ lives by providing tailored products

  • Chelsea Groton Bank
  • 904 Poquonnock Road, Groton, CT, 06340
  • Lends in Connecticut
  • Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County and a Loan Production Office in Hartford County. The Bank has over $1 billion in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com

  • Harbour Mortgage Group
  • 163 S. Broad St, Suite 11, Pawcatuck, CT, 06379
  • Lends in Connecticut
  • 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.