USDA Vs. FHA Pro and Con comparison in Old-Mystic, New London County, CT
In the year 2026, the USDA loan ceiling for Old-Mystic, located in New London county of CT, is $285,000, whereas the FHA limit for a single-family home is pegged at $356,362.
Make use of the Lendersa® USDA loan calculator to compare the most favorable rates between USDA and FHA as of today, enabling you to determine the income, credit, reserves, and documentation required for eligibility. Our advanced mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA options, helping you choose the best fit for your financial needs in Alabama.
2026 Loan Limits and Down Payment Requirements in Old-Mystic, County of New London, CT
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Old-Mystic, CT
Lendersa® is dedicated to securing the best USDA or FHA loan for you swiftly and smoothly. Choose one of three starting pathways to connect with the right lenders and USDA loan programs.
A USDA home loan is a government-backed mortgage by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, applicable only in rural areas. Unlike FHA loans that require a down payment of at least 3.5%, USDA loans need no down payment.
8115 Maple Lawn Blvd, Suite 350, Fulton, MD, 20759
Imperium Mortgage We are a people-centric organization that not only seeks to minimize the impact of our business on the environment but also shares concerns that will be confronted by future generations. You do not normally expect to hear this from a mortgage company, but the fact is, we finance people’s future.
8115 Maple Lawn Blvd, Suite 350, Fulton, MD, 20759
Access Financial Mortgage Corp., we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
Have you ever considered outsourcing your mortgage loan processing?
Back office mortgage processing services provider A&P Mortgage Processing, LLC
- Start the loan process
A&P Mortgage Processing, LLC: - Processes the loan - Submits it to Underwriting - Clears all conditions - Schedules the closure - Follows up on the loan once it's closed
WSSC Federal Credit Union (WSSC FCU) was chartered in April 1964 with an initial asset base of $2, 000. Since then, the Credit Union has grown to over $30 million in assets with over 4, 000 members. We serve WSSC Water employees, retirees, contractors, and their families; members and employees of Reid Temple AME and Kingdom Fellowship AME Churches.
Tower Federal Credit Union was ranked #1 on Forbes Magazine’s Best-in-State Credit Unions for 2021, and was one of only five Maryland credit unions to make the Forbes Best-in-State list in 2020.
Tower Federal Credit Union was formed in 1953 when its seven original members pooled together their money
Diamond Financial Mortgage Corporation has helped many families buy a home with the loan that is right for them. We pride ourselves on our technical expertise and are committed to exceeding our clients' expectations. We work together with our clients to understand their needs, wants, and expectations and offer a flexible approach
Advantage Star Mortgage, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. and We offer a wide range of loan programs including: 30yr mortgage Conventional, Jumbo, VA and more
Orrstown Bank one of the largest independent community banks in the region. Headquartered in Shippensburg, Pennsylvania, Orrstown continues to provide a full range of consumer, business, and wealth management services to its neighbors. We get to know our clients and our clients know they can count on us.
15320 Spencerville Ct, Suite 201, Burtonsville, MD, 20866
We have assembled an experienced and talented team, which quite frankly, gives us an almost unfair advantage over other mortgage companies. Our team continually works to stay fresh in the industry-investing the necessary time to break down each minute step of the mortgage financing process, attending educational events and seminars.
