USDA Vs. FHA your options comparison in Griswold, New London County, CT

In 2024, USDA loan limit in Griswold, county of New London, CT is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Griswold, county of New London, CT

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Griswold, CT

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Connecticut?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Ingrid Laine, Senior Loan Officer
  • 780 Lynnhaven Parkway, Suite 400, Virginia Beach, VA, 23452
  • At Sun West Mortgage Company, Inc. (Sun West), we dedicate ourselves to offering the best service to our customers. To accomplish this, we empower our loan officers so that they can find great rates and provide the best fitting loan options to each customer – at amazing speeds. Our focus on technology has given us an edge in the mortgage industry
  • Atlantic Mortgage and Funding, Inc.
  • 780 Lynnhaven Parkway, Suite 160, Virginia Beach, VA, 23452
  • At Atlantic Mortgage and Funding, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • NexTier Bank, National Association
  • 105 Burton Drive, Kittanning, PA, 16201
  • NexTier Bank is more than just a bank – we’re a total community bank. We have always been dedicated to building long-term relationships and providing high-quality financial services to our Customers, creating meaningful opportunities for our Employees, and giving back to our Communities.
  • Virginia Educators Credit Union (VECU)
  • 12626 Nettles Drive, Newport News, VA, 23606
  • Virginia Educators Credit Union (VECU) is a financial organization established and directed by members of the educational community in the cities of Newport News, Williamsburg, and their surrounding counties. The credit union was established in 1954 as the Warwick Teachers’ Association Credit Union.
  • BayPort Credit Union
  • 1 Bayport Way, Newport News, VA, 23606
  • In 1928, nine shipyard workers from Newport News Shipbuilding formed an organization with a specific purpose as a low-interest source of loans and a trusted place to deposit money. Today, BayPort Credit Union is rated a Superior 5-Star Credit Union by Bauer Financial, managing $2.2 billion in assets
  • Allegiance Home Lending
  • 11815 Fountain Way, Suite 300, Office 364, Newport News, VA, 23606
  • At Allegiance Home Lending, our mission is to provide our clients with high-quality mortgage brokerage services, serving them with honesty and integrity. We strive to make the process easier by educating and handholding them each step of the way. We focus on obtaining the lowest rates
  • MMMT Mortgage
  • 11815 Fountain Way, Suite 300, Newport News, VA, 23606
  • MMMT Mortgage is a premier mortgage company that has been serving home buyers in Virginia and Maryland since 2006. I am a licensed and experienced loan officer with wide-ranging trade expertise and a lifelong passion for assisting people in need. As your mortgage broker, I promise to use my skills, products, and network to serve you.
  • M&M Mortgage Team
  • 742 Thimble Shoals Boulevard, Suite A, Newport News, VA, 23606
  • 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.
  • Old Point National Bank
  • 11780 Jefferson Ave, Suite C, Newport News, VA, 23606
  • Old Point is a family of organizations designed to meet all of your financial needs. Their employees live, work, and shop in the footprint in which they serve, and they pride themselves on creating a better community every day. Visit OldPoint.com to discover Old Point National Bank, Old Point Trust, Old Point Mortgage, and Old Point Insurance.
  • Johnson Mortgage Co LLC
  • 739 Thimble Shoals Blvd, Suite 507, Newport News, VA, 23606
  • Johnson Mortgage Company 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