Trusted Mortgage Lender in Connecticut

Customized home loans tailored for Connecticut buyers, with local service and national strength. 

Local Roots, National Strength

Purpose: help more Connecticut households achieve homeownership—without surprises. Vision: a relationship-first lender blending local expertise with best-in-class technology. Mission: deliver speed, accuracy, and personalized programs across every stage of life. Culture: transparent, accountable, and community-focused; you’re not a file—you’re a neighbor we’re invested in.

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Danvers Branch

Reading Branch

North Andover Branch

Winthrop Branch

Milton Branch

Connecticut Mortgage & Housing Market Insights

Median Home Price

Zillow reports that the average home value in Connecticut is $426,427, reflecting a 4.5% increase over the past year.

Median Sale Price

Research indicates that the median $367,633 as of March 31, 2025. While this suggests that housing affordability is a significant challenge here, we can help!

Median List Price

The estimated median list price for a home in Connecticut is $444,300 as of April 30, 2025.

Connecticut at a Glance

Population

3,605,944

Average Household Income

$120,670

Home of Yale University

Rich cultural Heritage

Mortgage Options for Connecticut Homebuyers

Conventional Loans

Best for people with steady income and good credit who want low-interest rates.

VA Loans

A top choice for veterans, active military, and their families to buy a home with no down payment.

USDA Loans

Best for people buying a home in the country, with no down payment and low costs.

Renovation Loans

Helps buyers fix up a home while buying it, all in one loan.

Reverse Mortgages

A good choice for older homeowners who want to get money from their home without selling it.

Non-Conventional Loans

A good option for people who don’t qualify for regular home loans but need a special loan.

Jumbo Loans

Great for buying high-priced homes that need a bigger loan than usual.

HELOC Loans

Lets homeowners use the value of their home to get money for projects or bills.

FHA Loans

A smart pick for first-time homebuyers or people with lower credit who need a small down payment.

Mortgage Pricing & Affordability Calculators

Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence. 

Five Things to Know When Starting the Homebuying Process

Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.

Why More Connecticut Buyers Choose NewFed Mortgage

  • Fast closings (39% faster than industry average)
  • Local loan officers
  • Modern (and mobile-friendly) tech + personal support
  • 20+ years of local mortgage lending

What Our Clients Say About Us