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

In 2024, Convetional loan limit in Old-Lyme, county of New London, CT is $647,200 while FHA limit is $420,680 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in CT is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Old-Lyme, county of New London, CT

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

The comparison table applies to zip codes: 06371, 06376

Conventional and FHA loan options in Old-Lyme, CT

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • Marine Federal Credit Union
  • 4180 Western Boulevard, Jacksonville, NC, 28546
  • It starts with commitment. The foundation of all great relationships. We started this credit union for the Marines. To match the loyalty and commitment with which they serve us. And for over 60 years, we’ve been here. For the Marines and their community. Here for the long haul.
  • Linear Mortgage Solution
  • 300 Western Blvd, Suite 400, Jacksonville, NC, 28546
  • Linear Mortgage Your financial and lifestyle goals need to be considered when purchasing a home. Our Loan Consultants will take the time to learn about you, your goals and provide you with options on what type of mortgage will work best for you and also Linear Mortgage Solution was founded on the principal of making the home buying.
  • First NRV Credit Union
  • 900 W. Main St, Radford, VA, 24141
  • Our credit union was first chartered on June 4, 1937 - that means that our credit union is now over 80 years old - to help serve the needs of the employees of the Radford Pipe Shop (known locally as the Foundry), and was originally named the "Radford Pipe Shop Employees Federal Credit Union".
  • MiMutual Mortgage Wholesale
  • 911 Military Street, Port Huron, MI, 48060
  • At MiMutual Mortgage, the reason we exist centers on this simple phrase - Great People, Building a Great Company, Serving our Communities. We believe that purchasing a home is one of life's most monumental events. It is more than a transaction - it is a life-changing investment.
  • The State Credit Union
  • 2200 Washington Street East, Charleston, WV, 25311
  • At The State Credit Union, our goal, quite simply, is to minimize your exposure to risk and the impact of any fraudulent activity on your accounts. To protect your account, The State Credit Union monitors debit card transactions for potentially fraudulent activity through a Fraud Detection Program called EnFact Premium Testing.
  • W V Air National Guard FCU
  • 1512 Coonskin Drive, Charleston, WV, 25311
  • West Virginia National Guard Federal Credit Union has been open since 1959. It's the 20th largest credit union in West Virginia with assets totaling $50.63 Million and providing banking services to more than 2, 000 members. The credit union is a not-for-profit, member-owned financial cooperative providing services to U.S. military members.
  • Members Choice WV Federal Credit Union
  • 201 Ohio Ave, Charleston, WV, 25302
  • Members Choice WV Federal Credit Union is a community chartered not-for-profit financial cooperative serving all who live, work, worship, attend school or do business in Kanawha County, WV.Credit Union is a community chartered not-for-profit financial cooperative serving all who live, work, worship.
  • Mechanics Bank
  • 2 South Main Street, Mansfield, OH, 44902
  • Mechanics Bank is a full-service community bank in Richland County, Ohio. We’ve remained independently managed for over 136 years, and we’re proud to be the only bank in the county that can make that claim. Because what began in Mansfield in 1886 remains here—headquarters and all.
  • McGregor Mortgage, LLC
  • 13 Park Avenue West, Suite 307, Mansfield, OH, 44902
  • McGregor Mortgage, LLC is committed to providing customer-minded mortgaging and was founded on the principles of bringing more mortgage options and products; always being available; establishing transparency with customers, realtors, and other business partners; delivering in an efficient manner