For 2025, the FHA loan limits in Salem, located in New London county, CT, are as follows: $472,030 for single-family homes, $604,400 for 2-unit properties, $730,525 for 3-units, and {$DETAILS_LOAN_LIMIT_FHA4} for 4-units.
The maximum loan amount for conventional loans on a single-family residence is $726,200, reaching $929,850 for 2-units, $1,123,900 for 3-units, and $1,396,800 for 4-units.
Use our FHA calculator to discover today’s best FHA rates and to calculate necessary factors like downpayment, income, credit, reserves, and the requisite documents for qualification.
The Lendersa® calculator enables you to compare FHA rates and terms with those of other loan programs. Analyze and contrast Conventional loans, Jumbo loans, VA, USDA, Non-QM, and hard money options alongside FHA.
Lendersa® aggregates data from thousands of lenders, quickly aligning it with your financial profile for personal comparisons.
The Loan Limits Comparison Table for 2025 in Salem, in New London, CT, provides a comprehensive comparison of maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money. Use the Lendersa® Super Loan Integrated Qualifier (SLIQ™) to examine qualification requirements such as income, reserves, and credit.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $472,030 | $604,400 | $730,525 | $907,900 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $336,500 | $336,500 | $336,500 | $336,500 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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