USDA and FHA Pro and Con in Griswold, New London County, CT

For 2026, the USDA loan limit in Griswold, situated in New London, CT, is $336,500. In comparison, the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to explore today's top USDA versus FHA rates. This tool helps identify the required income, credit score, reserves, and documents for qualification. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA loans side by side, enabling you to choose the best program for your financial needs in .

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2026 Loan Limits and Downpayment Requirements in Griswold, New London, CT

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

Options for USDA and FHA Loans in Griswold, CT

Lendersa® is committed to finding you the best possible USDA or FHA loan quickly and without complications. Choose from one of three starting points to connect with matching lenders and USDA loan programs.

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Understanding the USDA Loan in CT

A USDA home loan, guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is exclusively available in rural communities. This loan does not require a down payment, unlike FHA loans, which have a minimum requirement of 3.5%.

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



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