USDA and FHA Pro and Con in Norwich, New London County, CT

In 2024, USDA loan limit in Norwich, 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 Norwich, 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 Norwich, 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?



  • WORLD TRADE MORTGAGE LLC
  • 1571 General Patton Drive, Downingtown, PA, 19335
  • World Trade Mortgage is a Pennsylvania Mortgage Broker located in Chester County. Our Senior Management has over 20 years of experience in the mortgage industry and related financial fields. Since inception we have focused on building our business one mortgage at a time. We value each and every customer
  • Adirondack Regional Federal Credit Union
  • 280 Park Street, Tupper Lake, NY, 12986
  • We are proud that Adirondack Regional Federal Credit Union can serve all community members who live, work, worship, or attend school in Clinton, Essex, and Franklin Counties of NY state and their immediate family members. Businesses and other legal entities located in these counties are also eligible for credit union services.
  • PS Bank PA
  • 76 Church St, Wyalusing, PA, 18853
  • PS Bank opened for business on December 14, 1914 as Peoples State Bank of Wyalusing. The Bank was the 444th bank to be insured by the Federal Deposit Insurance Corporation and maintains that same FDIC number today. PS Bank is one of the oldest banks in the country. In 1998, the Bank opened an insurance and investment products division.
  • PS Bank
  • 76 Church Street, Wyalusing, PA, 18853
  • PS Mortgage is a full service mortgage lender. Member FDIC and Equal Housing Lender.. PS Mortgage is the most efficient and simplest way to manage buying a home. Everyone as PS Mortgage worked extremely hard to get me the home I wanted. There was consistent communication, and they went above and beyond when things didn't go according to plan.
  • Mountain Valley Federal Credit Union
  • 700 Bear Swamp Road, Peru, NY, 12972
  • Mountain Valley Federal Credit Union is a unique kind of financial self-help, non-profit institution organized in 1963 and the Mountain Valley (Peru) Federal Credit Union our members come first. The credit union exists for the benefit of its members by providing a variety of financial services and products at competitive rates
  • Millville Savings and Loan Association
  • 100 Albertson Street, Millville, NJ, 08332
  • In 1941, Millville Savings and Loan Association was formed when five building and loan associations were merged with assets totaling $387,174. The following are the five building and loan associations that merged: Columbia Perpetual Building and Loan, Hope Building and Loan, Institute Building and Loan, Protected Building and Loan, and Security Per
  • Thunder Bolt Area Federal Credit Union
  • 1601 Cedar Street, Millville, NJ, 08332
  • We are a Federal Credit Union Chartered on May 1, 1951 and since that time have been located on the premises of our original sponsor company, Airwork Corporation. Through the years, Airwork was purchased by several different companies until it was acquired by Dallas Airmotive. The credit union has assets totaling $31.66 Million.
  • BRANDYWINE VALLEY MORTGAGE LLC
  • PO Box 145, Pocopson, PA, 19366
  • Brandywine Valley Mortgage is an independent broker that puts our customer needs before anything else. We have relationships with dozens of wholesale lenders to ensure we provide our clients with the best mortgage products available. Every mortgage is our niche, not just one product. We do what your bank doesn't, put you firs.
  • DEXSTA Federal Credit Union
  • 300 Foulk Rd, Suite 100, Wilmington, DE, 19803
  • DEXSTA Federal Credit Union is a not-for-profit organization that exists to serve its members. We accept deposits, make loans and provide a wide array of other financial services. As member-owned and cooperative institutions, we provide a safe place to save and borrow at reasonable rates.
  • Newrez LLC
  • 1521 Concord Pike, Suite 100, Wilmington, DE, 19803
  • Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, NewRez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience.