One-Time Close Loans | FHA, VA, and USDA
Learn all about the VA, USDA, and FHA versions of the One-Time Close Loan.

2020 FHA Loan Limits in CONNECTICUT tell homebuyers how much borrowing power they have to build a home in their state, city, and county. VA Limits are set by the lenders.

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2020 FHA Loan Limits and VA Lender Limits

Limits for Single Family Home Loans in CONNECTICUT Counties

The FHA has a maximum loan amount that it will insure, which is known as the FHA lending limit. These loan limits are calculated and updated annually, and are influenced by the conventional loan limits set by Fannie Mae and Freddie Mac. The type of home, such as single-family or duplex, can also affect these numbers.

Loan limits no longer apply to new VA Loans. The Department of Veterans Affairs (commonly referred to as the VA) can now back larger loans than previous allowed. This change doesn't mean that you have unlimited borrowing power. Your lender will still have credit requirements that you need to meet as well as maximum loan amounts based on their own standards. VA lenders establish their own limits based on company policies. The amount we generally see is shown below, labeled as the VA Lender Limit.

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"For 2020, the FHA floor was set at $331,760 for single-family home loans. This minimum lending amount covers 80% of all U.S. counties."

8 match(es) found

FAIRFIELD County
BRIDGEPORT-STAMFORD-NORWALK, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $601,450
HARTFORD County
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $353,050
LITCHFIELD County
TORRINGTON, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $357,650
MIDDLESEX County
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $353,050
NEW HAVEN County
NEW HAVEN-MILFORD, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $331,760
NEW LONDON County
NORWICH-NEW LONDON, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $331,760
TOLLAND County
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT
VA Lender Limit FHA Loan Limit
$1,000,000 $353,050
WINDHAM County
WORCESTER, MA-CT
VA Lender Limit FHA Loan Limit
$1,000,000 $339,250

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