USDA and FHA Pro and Con in Preston, New London County, CT
In 2025, the USDA loan limit in Preston, within New London, CT, is $336,500, whereas for a single-family home, the FHA limit is $472,030.
Leverage the Lendersa® USDA loan calculator to help compare today's top USDA and FHA rates, identifying the income, credit, reserves, and documentation needed to qualify. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA programs side by side, aiding in selecting the best option in for your financial situation.
Loan Limits and Downpayment Requirements in Preston, New London, CT for 2025
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Preston, CT
Lendersa® aims to secure for you the best USDA or FHA loan quickly and without hassle. Choose one of three pathways that match you with lenders and affordable USDA loan programs.
A USDA home loan is backed by the government via the Department of Agriculture and is also known as a USDA rural development loan or USDA mortgage, available exclusively for rural areas. Unlike FHA loans requiring a minimum 3.5% down payment, USDA loans require no down payment.
Trifecta RE We are experienced company with over 100 active loans and 3400 loans successfully closed. More than 80% of our clients are return customers or client referrals and We are not a slick, high profit machine. We are a family owned, family oriented business. We believe in working smart and working hard to achieve.
19000 MacArthur Blvd, Suite 200, Irvine, CA, 92612
We are here to serve our customers and deliver on our promises. Everything we do is focused on helping our real estate agents and customers get the financing they need in the time they need it. Our mission is to always deliver on our promises and be the innovator and leader in the mortgage industry.
19000 MacArthur Blvd, Suite 200, Irvine, CA, 92612
LoanStream Wholesale is a full-service Mortgage Banker, dedicated to serving the needs of Mortgage Brokers for all prime and non-prime lending needs. With great rates and fantastic service, we are focused on being the "one" lender and the last lender you will ever need. Over 30 years of mortgage banking experience
18100 Von Karman Avenue, Suite 330, Irvine, CA, 92612
"Luxury Mortgage Corp® offers a wide array of adjustable and fixed rate mortgage products for loans on residential properties. As a mortgage lender, we have the ability to set customized pricing based on mortgage programs structured to suit individual needs. We have the power to lock in rate, approve, underwrite and close loans.
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365 Home Lending is a mortgage lending brokerage located in Southern California that focuses on residential purchase and refinance transactions. We are licensed with over a dozen major lenders which gives us the ability to shop the best rates and terms for our clients and in most cases offer top tier pricing.
19782 MacArthur Blvd, Suite 250, Irvine, CA, 92612
Back Bay Funding offers singular products from more than 40 wholesale and commercial lenders. As a broker/banker, we pride ourselves on providing funding solutions that are rarely available elsewhere. This allows us to serve a wide array of clients with dynamic financial situations
Easy Street Capital is a relationship lender with loan programs for every borrower. Regardless of experience or credit, we can finance your next investment. Easy Street Capital has the solution, whether you are buying a property to fix up, building new construction, or generating cash flow from rental units. As a fully discretionary lender, we hav
Center Street Lending is Private money residential lender that provides business-purpose loans for single-family and multi-family investments. and also Our management team has been involved in the financing of real estate since 1992 and has financed billions of dollars of residential real estate.
First City Credit Union is a nation leading 5-star rated credit union.
First City Credit Union exists to serve its members. The credit union is committed to offer a broad range of quality financial services, delivered and priced to provide good value.
The credit union shall maintain financially sound
UR TEAM Real Estate Services, Inc provide Mortgage Refinance services using Cutting Edge Docless Technology. Based in beautiful city of Pasadena, we also serve the surrounding cities in Los Angeles County. UR TEAM also provides Home Listing Services to Sell Your Home. Whether you are buying a home or refinancing in the city.
Pasadena Federal Credit Union was founded in 1935 by a small group of City of Pasadena employees who wanted a safe, fair place to save and borrow money. Our first "office" was a window in the City Treasurer's office. Although we moved from the tower of Pasadena City Hall in 1980, we remain committed to being the locally-focused financial institutio
Alternative Capital Lending (“ACL”) is a financial and professional firm specializing in commercial real estate lending services. With over 75 years of combined real estate experience, ACL is an expert when it comes to advising and structuring commercial real estate loans. We understand the changing market place
