Question 1

What credit score do I need for a conventional loan in San Juan Bautista?

Accepted Answer

Most lenders set the floor at 620. You'll get meaningfully better rates at 740 or higher.

Question 2

Can I put less than 20% down on a conventional loan?

Accepted Answer

Yes — 3% down is available for qualifying first-time buyers. You'll pay PMI until you reach 20% equity.

Question 3

Why do sellers in San Juan Bautista prefer conventional over FHA?

Accepted Answer

Conventional appraisals have fewer conditions. Sellers see less risk of the deal falling apart over inspection flags.

Question 4

How does a broker help with conventional loans here?

Accepted Answer

We shop your file across 200+ wholesale lenders. That usually means lower rates than what a single retail bank offers.

Question 5

Are appraisals harder in San Benito County?

Accepted Answer

They can be. Low sales volume means fewer comps. Work with a lender who knows rural California markets.

Conventional Loans in San Juan Bautista, CA