USDA VS FHA in Niantic, New London County, CT

In 2024, USDA loan limit in Niantic, 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.

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2024 loan limits and downpayment requirments in Niantic, 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 Niantic, 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?



  • Telhio Credit Union
  • 96 North Fourth Street, Columbus, OH, 43215
  • Telhio Credit Union has been a strong and stable financial institution in central Ohio since 1934. We are a not-for-profit, full-service financial institution cooperative, meaning our members are owners and can expect to receive high-quality financial services to meet all of their needs. Telhio is strong and safe, and has been serving central Ohio.
  • Education First Credit Union
  • 510 E Mound Street, Columbus, OH, 43215
  • Education First Credit Union was established in 1936 by five Columbus City School teachers as a credit union for teachers and their families. From these humble beginnings, the original five employees have grown to nearly 50 with three locations but we have never strayed from our goal of serving Ohio’s educational community.
  • CME Federal Credit Union
  • 365 South 4th Street, Columbus, OH, 43215
  • CME Federal Credit Union was established in 1935 by the City of Columbus Firefighters. A fews years later, CME FCU began serving employees of the City of Columbus Division of Police. Gradually, CME FCU expanded over the years to serve city, county, and municipal employees within Franklin County.
  • Huntington Bank
  • 41 S. High Street, Columbus, OH, 43215
  • Huntington Bancshares Incorporated is a $174 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments.
  • Total Choice Mortgage
  • 555 S Front Street, Columbus, OH, 43215
  • Our vision is to create an exceeding mortgage experience for our customers. Every business decision we make is centered around our biggest asset, our customers To become a winning brand in the mortgage industry by driving a culture of customer-centricity through every phase of the mortgage process.
  • Pace Financial Group
  • 250 Civic Center Dr, Suite 150, Columbus, OH, 43215
  • Pace Financial Group offers a full range of commercial real estate funding options as well as a full service commercial mortgage loan servicing operation. Financing options include first and second mortgage debt, equity investments, mezzanine financing & brokerage services. Pace expanded its focus to include the brokerage of interim, construction.
  • Armstrong Mortgage Co
  • 1225 Dublin Road, Columbus, OH, 43215
  • Armstrong Mortgage Company is a full service Mortgage Banking firm, founded in 1971. Armstrong provides mortgage services for its clients, such as Multifamily Owners and Developers, Commercial Property Owners and Developers as well as health care developers and owners. A major business emphasis is on the construction and permanent financing.
  • FirstCap US Mortgage LLC
  • 875 N. High Street, Suite 300, Columbus, OH, 43215
  • Our mission is to remove barriers and rid the antiquated processes to deliver the lowest rate for our client. FirstCapUS raises your mortgage expectations with trusted service locally in the Midwest, a digital approach that increases ease of use and people who believe in integrity first and foremost -enabling you to focus on your next life move.
  • Pinnacle Home Mortgage LLP
  • 20 South Third Street, Suite 210, Columbus, OH, 43215
  • At Pinnacle Home Mortgage, LLC, where we specialize in residential mortgages. At Pinnacle Home Mortgage, LLC, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
  • Liberty Mortgage Company, Inc
  • 473 E. Rich St., Columbus, OH, 43215
  • LIBERTY MORTGAGE COMPANY STRIVES TO ENSURE THAT EVERY CLIENT HAS ACCESS TO THE LOWEST RATES AVAILABLE, NO MATTER THEIR SITUATION, FOR THEIR HOME MORTGAGE LOANS. WHETHER THEY ARE FIRST TIME HOME BUYERS, OR REFINANCING FOR THE TENTH TIME, FHA, HARP, VA, USDA AND JUMBO MORTGAGE LOANS ARE AVAILABLE