USDA and FHA Pro and Con in Heritage-Village, New Haven County, CT

In the year 2025, the USDA loan ceiling for Heritage-Village, in New Haven county of CT, is set at $305,900, whereas the FHA limit for a single-family dwelling is $356,362.

Utilize the Lendersa® USDA loan calculator to assess the best current USDA vs. FHA rates and identify the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator allows side-by-side comparisons of USDA, FHA, Conforming, and VA programs, thereby guiding you to determine the most suitable option for your financial situation in Alabama.

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Loan limits and down payment requirements for 2025 in Heritage-Village, county of New Haven, CT

Loan Type Loan Limit Down Payment
USDA $305,900 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA Loan Options in Heritage-Village, CT

Lendersa® aims to help you secure the optimal USDA or FHA loan efficiently and conveniently. Begin by choosing one of three options that link you with suitable lenders and USDA loan programs.

Lendersa USDA Loan Request and Match Results

Understanding USDA Loans in CT

A USDA home loan, also known as a USDA rural development loan or mortgage, is government-backed by the Department of Agriculture and is exclusively available in rural areas. Contrarily, FHA loans require at least a 3.5% down payment, while USDA loans require none.

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



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