USDA Vs. FHA your options comparison in Colchester, New London County, CT
For 2026, the USDA loan limit in Colchester, part of New London county, CT, is set at $336,500. In contrast, the FHA cap for a single-family home is $472,030.
Try the Lendersa® USDA loan calculator to explore today's prime USDA vs. FHA rates. This tool aids in identifying the income, credit score, reserves, and documentation you need to qualify. Side by side, our advanced mortgage calculator presents USDA, FHA, Conforming, and VA programs, helping you choose the one that suits your financial needs in best.
2026 Loan Limits and Down Payment Requirements in Colchester, New London County, CT
Loan Type
Loan Cap
Initial Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Colchester, CT
Lendersa®'s mission is to facilitate you in securing the most suitable USDA or FHA loan swiftly and with ease. Select from three beginning paths to link with matching lenders and USDA loan packages.
A USDA home loan, assured by the U.S. Department of Agriculture and also referred to as a USDA rural development loan or USDA mortgage, is available only in rural areas. In contrast to FHA loans demanding a minimum down payment of 3.5%, USDA loans require no down payment at all.
531 Wild Avenue, 2nd Floor, Staten Island, NY, 10314
JG Funding is a direct hard money lender that has been providing the real estate industry with immediate access to short term financing for over 12 years. JG Funding serves a growing need for investors looking for creative or situational financing within a tight time frame to fund acquisition, refinance, rehab & other real estate investment.
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
We’re a full-service community bank that’s been serving the Greater Seacoast since 1854. We know this area well and are unwavering in our commitment to equip people and businesses with everything you need to journey well and achieve the outcomes you desire. We’re involved in the betterment of community and embrace philanthropy.
The Institution for Savings, founded in 1820, is one of the oldest mutual banks in the country with 15 full-services offices along Massachusetts' North Shore and Cape Ann. Member FDIC, FDIC, Equal Housing Lender.banks in the country with 15 full-services offices along Massachusetts MA.
Since our inception in 2001, we have realized above-market returns on our portfolio of residential and commercial assets. We pride ourselves on our in-depth construction management experience, careful analysis of our markets, value-add capabilities, and on our successful partnerships with local builders
The Mohawk Progressive Federal Credit Union is a member-owned and directed financial institution. We are dedicated to serving the present and future financial needs of our members through cost effective financial services consistent with co-operative principals, applicable legislation, and sound management.
570 West Mount Pleasant Avenue, Livingston, NJ, 07039
Regal Bank is a full service community bank headquartered in Livingston, New Jersey. Regal Bank serves, as our primary trade area, Essex, Hudson, Somerset, Union and eastern Morris Counties. Regal Bank offers the very best in products and services, designed to help you meet your personal financial goals.
The formation of Cooperative Federal Credit Union was based on a need. It came to fruition after many hours of hard work and the untiring dedication of ordinary people, specifically the founders and members of The Cooperative Fire Insurance Companies of Sullivan and Adjoining Counties.
