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.
Founded in 2013 in a spare bedroom, we have grown customer by customer & employee by employee to the respected mortgage banking operation that it is now - funding hundreds of millions of dollars in residential financing for it's clients. We are proud to serve the communities we do business in by providing residential home financing for purchase
2325 East I-44 Service Road, Oklahoma City, OK, 73111
Energize Credit Union is a cooperative, not-for-profit financial institution owned by and operated for the benefit of all members. Energize Credit Union was chartered in 1967 to fill specific financial needs of electric and telephone cooperative employees. Fifty years later we are still meeting those needs of providing a secure
3650 N Martin Luther King Avenue, Room 1000, Oklahoma City, OK, 73111
In 1953, seven Oklahoma Department of Public Safety (DPS) employees recognized the benefits a credit union would provide their coworkers. These founding members were intent on providing affordable financial services for the varied needs of the uniformed Highway Patrol and civilian DPS employees.
Our unique loan process allows you to e-sign your loan documents, receive your money directly into your bank account and offers you the option of paying over the phone with a debit card.
No hassles, no gimmicks, no hidden fees. We offer plain and simple installment loans. and also Atlas Credit, we understand that life is busy and you don't always
United Credit Union opens a financial world to experience banking as it should be. Credit unions will generally have lower rates on loans and higher rates on savings and investments. At United we believe in offering our members a choice. Choose from a variety of online services and in person services. It's about YOU and what YOU need.
Kelly Community, “We care for members like family.” When you’re a member, you’re family. We’ll give you our best financial counsel just like we would a family member. We’ll go out of our way to find solutions that work for you just like we would a family member. For more than 59 years, helping you save more, earn more and do more financially
BTH Bank has over 107 years of history and maintains an equity ratio well above regulatory guidelines. In 2013, approximately 185 subscribers invested $42 million new equity into the bank. Those shareholders as well as the then approximately 400 existing shareholders have illustrated their respect
We are committed to helping you and putting your best interests first! Each client is unique and viewed as an opportunity to add value by finding the best loan product for each individual borrower’s specific financial goals, offering wholesale pricing on interest rates and the lowest transaction costs, while providing financial education.
