FHA VS Conventional loan programs in New-London, New London County, Connecticut
In 2026, the maximum limit for a Conventional loan in New-London, within the county of New London, CT, stands at $647,200, while the FHA specifies a limit of $420,680 for a single-family dwelling. These limits provide essential guidelines for prospective homeowners evaluating financing options in the region, enabling informed decisions as they explore their borrowing possibilities.
By accessing the Lendersa® Conventional loan calculator, you can efficiently compare the leading rates between Conventional, FHA, and USDA loans. Ascertain the income, credit score, reserves, and documentation necessary for eligibility. Our sophisticated mortgage calculator allows you to view Conforming Conventional, USDA, FHA, and VA loans in parallel, helping you select the most suitable program in CT for your particular financial circumstances.
Understanding 2026 Loan Limits and Downpayment Requirements in New-London, New London County, CT
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This comparison table applies to zip codes: 6320
Review Conventional and FHA Loan Options in New-London, CT
The objective of Lendersa® is to swiftly connect you with the most favorable Conventional, USDA, or FHA loan, ensuring a smooth, hassle-free process. Select from three different starting points to find lenders and loan programs that align with your requirements.
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
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 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
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.
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.
Jewett City Savings Bank is a community bank providing financial services to consumers & businesses in eastern Connecticut. The Bank currently operates 7 full-service offices along the I-395 corridor in Jewett City, Brooklyn, Dayville, Plainfield, Preston, Putnam & in Pawcatuck. Founded in 1873. Member of the Federal Deposit Insurance Corporation.
