In 2026, 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 2026
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.
InFirst Bank has a served the financial needs for local communities as an independent bank for 100 years. We have proudly remained headquartered in downtown Indiana since we opened in 1922. Originally chartered as a mutual institution, InFirst Bank was initially known as Indiana County Building & Loan Association.
Marion Center National Bank opened its doors during the summer of 1905. These one hundred plus years have seen many landmark events. When President Roosevelt ordered all banks to close on March 4, 1933 for the “Bank Holiday, ” MCNB pulled its door blind down half way and continued to operate.
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees. By reaching out to the communities we live and work in. By listening and helping to find the best solutions to get you to your financial goals.
Our success is built on creating an authentic community banking experience
Our mission is to be of service to others. We are committed to providing superior customer service to those that support our business, to continue to educate ourselves and share our knowledge with others & to build & maintain long lasting relationships.We are 100% owned & licensed to do business in PA and offer: USDA, FHA & conventional loans, VA.
The mission of Chessie Federal Credit Union is to provide personal financial services to our membership in an efficient, friendly & convenient manner. The credit union idea was brought to Cumberland, Maryland when nine area men deposited a total of $65.00 to form the Cumberland B&O Employees Federal Credit Union.
Potomac FCU is to help members achieve their financial goals by providing valuable financial products and services, creating a source of credit at fair and competitive rates while maintaining a friendly community focused culture. Potomac Federal Credit Union is committed to providing a website that is accessible to the widest possible audience.
ACT 1st Federal Credit Union was formerly Allegany County Teachers Federal Credit Union. The Credit Union was formed in 1950 by pooling funds from several teachers in the Allegany County School system. Today, the Credit Union serves individuals who live, work, worship, attend school in and businesses and other legal entities.
First Peoples Community Federal Credit Union is a member-owned cooperative committed to meeting the ongoing financial needs of its members in a safe, prudent personal manner, with the best service possible. As a community credit union, we support the development and expansion of the community.
First Mortgage Services understands that the purchase of a home, for many families, is the most important financial transaction that they will experience. We are committed to providing quality, personalized service and will take the time necessary to explain the mortgage loan that best meets the homeowner’s needs.
Mission Statement: Southern Chautauqua Federal Credit Union is committed to providing its members with the professional financial services they have come to expect.
Vision Statement: Southern Chautauqua Federal Credit Union’s vision is to be a resource to the community by offering its members the best financial service and value….period.
SUNY Fredonia Federal Credit Union has been open since 1974. The credit union has assets totaling $45.16 Million and provides banking services to more than 3, 000 members.
The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups
Clarion County Community Bank Provides Banks, Loans, Mortgage, Online Banking, Personal Banking, Business Banking, Mobile Banking to the Clarion, PA Area. Clarion County Community Bank is committed to ensure the safety of your financial information. We would like to remind you that e-mail messages are not secure.
