Explore the differences! FHA VS Conventional loan programs in Waterford, New London County, Connecticut
In 2026, the Conventional loan limit in Waterford, within the county of New London, CT, is $726,200. Meanwhile, the FHA loan ceiling for a single-family home is $472,030.
Use the Lendersa® Conventional loan calculator to review today's competitive rates for Conventional, FHA, and USDA loans. Assess the necessary income, credit requirements, reserves, and documents needed for qualification. Our advanced mortgage calculator shows Conforming Conventional loans alongside USDA, FHA, and VA choices, helping you choose the best program for your financial needs in CT.
2026 Loan Limits and Down Payment Requirements in Waterford, New London, CT
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The comparison table is applicable to zip codes: 06375
Explore Conventional and FHA Loan Options in Waterford, CT
The goal of Lendersa® is to facilitate the acquisition of the best Conventional, USDA, or FHA loan swiftly and effortlessly. Choose from one of three starting paths to connect with lenders and loan programs that align with your needs.
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.
