USDA and FHA Pro and Con in Jewett-City, New London County, CT
In the year 2026, the USDA loan limit for Jewett-City, New London, CT, is set at $285,000. Meanwhile, the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to compare current USDA versus FHA top rates, determining the necessary income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side by side, helping you choose the best option for your specific financial situation in .
Loan Limits and Downpayment Details for 2026 in Jewett-City, 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 Jewett-City, CT
The aim of Lendersa® is to provide the best possible USDA or FHA loan quickly and without hassle. Start with one of three options that will match you with the right lenders and USDA loan programs.
The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is a government-backed loan offered by the Department of Agriculture and intended solely for rural areas. Unlike FHA loans that require a 3.5% down payment, USDA loans require no down payment.
Jewett City Savings Bank is a community bank providing financial services to consumers & businesses in eastern Connecticut. The Bank currently operates 7 full-service offices along the I-395 corridor in Jewett City, Brooklyn, Dayville, Plainfield, Preston, Putnam & in Pawcatuck. Founded in 1873. Member of the Federal Deposit Insurance Corporation.
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.
Scient Federal Credit Union is a member-owned, federally insured credit union that has been serving the needs of life science professionals and their families since 1968. Built upon the philosophy of “people helping people, ” Scient works to improve the quality of our members’ lives by providing tailored products
Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County and a Loan Production Office in Hartford County. The Bank has over $1 billion in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com
Lawrence Memorial Hospital Employees Federal Credit Union was organized under the laws of the United States in 1959 as a federally regulated co-operative whose sole purpose is to render financial services to its membership. Therefore, we operate exclusively for the benefit of our members who have access to a full range of financial services.
