USDA and FHA Pro and Con in Conning-Towers-Nautilus-Park, New London County, CT
In 2025, the USDA loan limit in Conning-Towers-Nautilus-Park, located in New London, CT, is $285,000. In contrast, the FHA limit for a single-family home is $356,362.
Use the Lendersa® USDA loan calculator to compare the best rates for USDA vs. FHA today. This tool identifies the required income, credit score, reserves, and document needs to qualify. The advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA loans side by side to find the best fit for your situation in .
Loan Limits and Downpayment Details for 2025 in Conning-Towers-Nautilus-Park, New London, CT
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Conning-Towers-Nautilus-Park, CT
Lendersa® aims to connect you with the best USDA or FHA loan quickly and without hassle. Choose from one of three starting points to engage with matching lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is endorsed by the Department of Agriculture and is solely available in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans do not require any down payment whatsoever.
Founded in 2002, Advantage Mortgage is a service oriented real estate mortgage brokerage owned and operated by Richard G. "Buck" Hite. Buck Hite has been a licensed real estate and mortgage broker for over 30 years. His experience and knowledge are invaluable in successfully navigating the real estate transaction.
16476 Bernardo Center Dr, Suite 127, San Diego, CA, 92128
Platinum Mortgage is all about the relationship we build with our clients, it all begins & ends with our clients.We will take the utmost care to ensure that our clients goals are exceeded & there financial health is always in a better place when they use services. Platinum Mortgage has the knowledge, experience & wherewithal to structure your loan
11956 Bernardo Plaza Dr, Suite 135, San Diego, CA, 92128
Our Mission is to earn the trust of our clients through performance of professional hard work and dedication to achieve our clients goals; whether Selling, buying or obtaining the best Mortgage Rate and and Term for your next Purchase or Refinance. We aim to be our clients best choice.
11828 Rancho Bernardo Road, Suite 201, San Diego, CA, 92128
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.
11770 Bernardo Plaza Court, Suite 205, San Diego, CA, 92128
Source Capital has funded hundreds of millions of dollars in loans secured by real estate. As a direct, licensed private hard money lender, our clients can count on us to deliver fair terms and fund quickly. We work with all types of borrowers and understand even the most complex scenarios.
11770 Bernardo Plaza Court, Suite 205, San Diego, CA, 92128
Founded in 2007 and headquartered in San Diego, California, Source Capital Funding, a hard money lender that specializes in the underwriting and funding of commercial and residential hard money real estate loans in California, Arizona Oregon, and Minnesota.Source Capital has a diverse background in real estate, sales and corporate finance.
As a community-oriented bank, the Bank offers a wide array of personal, consumer and commercial services generally offered by a locally-managed, independently-operated bank. The Bank provides a broad range of deposit instruments and general banking services, including checking, savings, and money market accounts.
At Golden Rule Real Estate Flavio B. is the Broker with many years of experience in both Residential Real Estate and Mortgage Lending. This allows for my clients to buy and sell their homes much more efficiently. Understanding both aspects are key to managing a successful transaction.
