USDA Vs. FHA your options comparison in Lebanon, New London County, CT
As of 2026, the USDA loan limit in Lebanon, situated in New London, CT, is set at $336,500, while for a single-family home, the FHA cap reaches $472,030.
To evaluate the foremost USDA versus FHA interest rates available today, utilize the Lendersa® USDA loan calculator. This tool helps assess the financial requirements, such as income, credit, and reserves, alongside necessary documents for eligibility. Our comprehensive mortgage calculator offers a parallel view of USDA, FHA, Conforming, and VA loans, assisting in the selection of the most suitable program in for your specific financial condition.
Loan caps and down payment criteria for 2026 within Lebanon, New London, CT
Type of Loan
Loan Cap
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA loan choices in Lebanon, CT
Lendersa® aims to swiftly connect you with the ideal USDA or FHA mortgage without complications. Choose from one of three entry paths to align with lenders and USDA loan alternatives.
A USDA home loan, supported by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is tailored for rural area applications. Distinct from FHA loans, which necessitate a minimum down payment of 3.5%, the USDA mortgage requires no down payment.
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9 East Loockerman Street, Suite 207, Dover, DE, 19901
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