USDA and FHA Pro and Con in Mystic, New London County, CT
In 2025, the USDA loan limit in Mystic, situated in New London, CT, is $336,500. For a single-family home, the FHA limit is set at $472,030.
Utilize the Lendersa® USDA loan calculator to compare the optimal USDA and FHA rates today, identifying the income, credit, reserves, and documentation needed to qualify. Using our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, assisting in selecting the best program in for your financial requirements.
2025 Loan Limits and Downpayment Requirements in Mystic, 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 Mystic, CT
The aim of Lendersa® is to promptly connect you with the best USDA or FHA loan without difficulty. Choose from one of three starting pathways to align with suitable lenders and USDA loan offerings.
A USDA home loan is guaranteed by the government, specifically via the Department of Agriculture, and also known as a USDA rural development loan or mortgage. It is accessible only in rural areas. Unlike FHA loans that necessitate a 3.5% down payment, USDA loans do not require any down payment.
We are a savings and lending institution with over 40 years of experience. The Community Credit Union of New Milford was originally chartered as the Kimberly-Clark Employees Credit Union in 1959. In April of 2000, we officially opened our doors to the entire New Milford community.
South Shore Bank is a full-service mutual bank with approximately $2 billion in assets. As a locally managed mutual bank, we believe the most valuable & enduring success is success that is shared. Together, we work to help our people, clients and communities thrive. With an extensive set of financial products, the Bank serves as a trusted advisor.
1172 Beacon Street, Suite 103, Newton Highlands, MA, 02461
County Mortgage, LLC is a privately held Lender providing Situational Loans for homeowner and investor loans to borrowers needing short term funds. Serving eastern Massachusetts since 1991 County is committed to providing rapid consumer driven service. Our size allows us to be nimble and responsive to requests ranging from One Hundred thousand
Liberty Bay Credit Union is a cooperative, non-profit financial institution that offers a full range of financial services to our individuals and business members. And because we are member-owned, instead of paying dividends to outside stockholders, we return our profits to our members in the form of higher rates on deposits and lower rates on loan
100 Grandview Road, Suite 105, Braintree, MA, 02184
Harbor Mortgage Solutions was founded on a few core values: integrity, expertise, and outstanding service. We believe that homeowners—especially seniors and their families—should feel comfortable and confident about their home financing/equity decisions, including the partners they choose.
We started Dovetail Mortgage™ to tackle the elephant in the mortgage process room. Applying for a loan all the way through the closing table should not be daunting. It should be seamless, and simple. In short, it should be harmonious. We have a combined 50-year experience as brokers and lenders.
3500 Sunrise Hwy, Bldg 100, Suite 201, Great River, NY, 11739
ROK Financial is committed to establishing ROK solid relationships with our clients, lenders, and partners. By providing the best financing solutions available to business owners while creating a positive association with business financing. Through our streamlined process, revolutionary technology and educated team of experts.
199 Wells Ave, Suite 211, Newton Center, MA, 02459
First Help Financial (FHF) is one of the fastest growing auto finance companies in the US. We help overlooked consumers such as first-time buyers get a car by offering flexible financing options and help those consumers make informed financial decisions by offering native-language support. FHF has offices in Boston and Phoenix.
