USDA Vs. FHA your options comparison in Mystic, New London County, CT

In 2024, USDA loan limit in Mystic, county of New London, CT is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Mystic, county of 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

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Connecticut?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

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



  • First Mortgage Group, Inc.
  • 10807 Fieldwood Drive, Fairfax, VA, 22030
  • Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
  • Nucasa Mortgage
  • 4097 Monument Corner Drive, 6th Floor, Fairfax, VA, 22030
  • Nucasa Mortage is a modern mortgage lender. We provide people a better path to home through our simple, fast, and reliable mortgage lending experience. Whether you're a first-time homebuyer, an experienced investor, or you're simply looking to refinance the home you already love; you can rest easy knowing you're in good hands as we guide you
  • Credit Union Mortgage Association, Inc.
  • 10800 Main Street, Fairfax, VA, 22030
  • Credit Union Mortgage is a full-service mortgage company 100% credit union owned and dedicated to serving the credit union community. Formed by credit unions in 1978 and exclusively serving the needs of credit unions and their members nationwide we provide fulfillment services on residential mortgage loans to credit unions of all sizes.
  • George Mason Mortgage, LLC
  • 4100 Monument Corner Drive, Suite 100, Fairfax, VA, 22030
  • Our foundation is built on the goal of helping families in our communities develop financial wealth and independence through homeownership. We serve both our clients and business associates with the products, technology and experience to provide the best solutions for your unique financial story.
  • Capital Mortgage Group, Inc.
  • 12916 Swedes St, Fairfax, VA, 22030
  • 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.
  • Atlantic Coast Mortgage
  • 4097 Monument Corner Drive, 6th Floor, Fairfax, VA, 22030
  • ACM is known for offering a better solution for homebuyers through our simple, easy, & stress-free process. We do this by offering a proprietary blend of technologies, systems, & processes. We not only help our clients close on time; we also provide them with free tools & information to continue guiding and helping them make smart decisions around.
  • Home Savings & Trust Mortgage
  • 3701 Pender Dr , STE 150, Fairfax, VA, 22030
  • We strive to fulfill the dream of home ownership, build lasting client relationships, and create value that stands the test of time. At Home Savings & Trust Mortgage (HSTM), we combine a positive approach with market knowledge and mortgage expertise to ensure homeowners maximize their 'home equity'
  • Executive Lending Services, Inc.
  • 4041 University Drive, SUITE 302, Fairfax, VA, 22030
  • We are a full-service mortgage company based in Fairfax, VA. We specialize in FHA Home Loans, VA Home Loans, FHA Streamline Loans & Conventional FNMA & Freddie Mac. We serve the entire states of Virginia & Maryland. Whether you are buying a home or refinancing we can help you realize your dream of homeownership or save you money.