FHA VS Conventional loan programs in Salem, New London County, Connecticut
The Conventional loan cap in Salem, within New London county of CT, is $726,200 for 2025, while the FHA limit for a single-family residence stands at $472,030.
Utilize Lendersa® Conventional loan calculator to evaluate today's best Conventional, FHA, vs. USDA rates. Identify the necessary income, credit, reserves, and documentation for eligibility. Our high-tech mortgage calculator allows you to view side by side Conforming Conventional loans, USDA, FHA, and VA choices, assisting you to select the ideal program for your financial needs in CT.
Loan limits and down payment requirements for 2025 in Salem, serving New London county, CT
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is applicable for the following zip codes: 6420
Variety of Conventional and FHA loan opportunities in Salem, CT
Lendersa® is committed to securing you the most advantageous Conventional, USDA, or FHA loan options quickly and efficiently. Begin with any of three options that align with distinct lenders and loan programs.
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1300 NW Briarcliff Parkway, Suite 275, Riverside, MO, 64150
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3100 Broadway Blvd, Suite 313, Kansas City, MO, 64111
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Nutter Home Loans has grown to one of the most respected privately-owned mortgage banking firms in USA .Through the years,quality customer service has remained the hallmark of the firm’s way of doing business.It’s the reason why third & fourth generations of the same families have chosen Nutter Home Loans to handle their real estate mortgage needs.
Town and Country Credit Union has been a member-owned financial institution since 1939. Father Duren, of St. Boniface Church, Westphalia, started the credit union in 1939. Town & Country Credit Union now operates two branches in Harlan and Avoca, IA. Town & Country Credit Union is a community credit union.
Since 1880, SCSB has delivered financial services with our mission of building relationships that promote family, service, and community. we offer all the personal and business services you need with a local, knowledgeable staff eager to provide you with personal attention and excellent customer service.