USDA Vs. FHA Pro and Con comparison in East-Lyme, New London County, CT
In the year 2025, the maximum loan amount available for USDA loans in East-Lyme, within New London county, CT stands at $285,000. Conversely, the FHA loan cap for a single-family dwelling amounts to $356,362.
Utilize the Lendersa® USDA loan tool to compare today's most favorable USDA and FHA rates, assessing the income, credit score, reserves, and documentation necessary to qualify. Our advanced mortgage calculator allows you to simultaneously evaluate USDA, FHA, Conforming, and VA options, assisting you in pinpointing which program in aligns best with your financial profile.
2025 loan limitations and down payment requirements in East-Lyme, county of New London, CT
Loan Category
Maximum Loan Amount
Initial Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA loan possibilities in East-Lyme, CT
Lendersa® aims to facilitate the quickest and simplest process for obtaining an optimal USDA or FHA loan. Choose among three beginning avenues to match with the appropriate lenders and USDA loan programs.
A USDA mortgage is a government-backed loan courtesy of the Department of Agriculture, sometimes called USDA rural development loans or USDA mortgages, and is exclusively available in rural areas. Unlike FHA loans that demand a minimum of 3.5% down, USDA loans necessitate no initial down payment at all.
Our mission is to help local residents of the South Sound area of Washington to achieve or enhance their “American Dream” with custom tailored home mortgage loans to either purchase or refinance. You can be confident that your questions and needs will be satisfied by experts with over 60 years of local mortgage experience.
Cornerstone Home Mortgage, 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 and your family from the many mortgage.
ProServ Mortgage is owned and operated by Eric Carlson. Our mission is to provide excellent service to our customers along with great home loan interest rates. Eric has been in the mortgage business since 1993 and has extensive experience with many types of home loan products. ProServ Mortgage is able to offer clients.
30141 ANTELOPE ROAD, SUITE D818, MENIFEE, CA, 92584
Trust in 30 yrs of experience! We're the friendly faces of hard money ready to turn your R.E. dreams into reality. Credit or income hiccups? No problem! We’ve seen it all & still love to say "yes." Don’t let traditional lenders rain on your parade—our umbrellas are always open. Act now & join the hundreds we've helped climb the property ladder. Thi
Our Focus is client satisfaction. At Don Realty, it is our mission to listen and learn your wants and needs to establish our objectives and goals. We will work collectively to achieve each goal and you will continually be a part of the entire process. Real estate is a competitive industry, but Don Realty makes the difference.
30141 Antelope Road, Suite D-689, Menifee, CA, 92584
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.
Plaza Residential Mortgage, is a full service mortgage Banker based in Riverside, CA. As a direct lender, we offer in-house processing, underwriting and funding of FHA, VA and Conventional loans. Residential Mortgage, is a full service mortgage Banker based in Riverside, CA. As a direct lender, we offer in-house processing
Chartered in 1956, Provident Bank is the largest independent community bank in Riverside County. We built Provident Bank, then called Provident Federal Savings and Loan Association, on the strongest foundation possible: our customers. Today, our customers are more the focus of what we do than ever before.
