Question 1

What credit score do I need for conventional loans in Adelanto?

Accepted Answer

Minimum is 620, but you'll pay premium rates until you hit 680. Most competitive pricing starts at 740 credit score for properties in San Bernardino County.

Question 2

How much should I put down on an Adelanto home?

Accepted Answer

3% minimum for first-time buyers, 5% for repeat purchasers. Putting down 20% removes PMI and unlocks the best rates we can find across all lenders.

Question 3

Does PMI cost more in Adelanto than other cities?

Accepted Answer

PMI rates depend on your credit score and down payment, not the city. Adelanto's lower prices mean smaller loan amounts, so PMI dollars stay reasonable even at standard rates.

Question 4

Can I use a conventional loan on a fixer-upper in Adelanto?

Accepted Answer

Standard conventional loans require the home to be habitable at closing. For major repairs, you need a renovation loan like Fannie Mae HomeStyle that funds both purchase and rehab.

Question 5

How long does conventional loan approval take in San Bernardino County?

Accepted Answer

Expect 25-35 days from application to closing. Adelanto appraisals add 7-10 days if the property needs extra review for land size or prior use.

Question 6

Should I choose conventional or FHA for an Adelanto purchase?

Accepted Answer

Conventional wins if your credit exceeds 640 and you have 5%+ down. FHA works better below that threshold or when debt ratios push above 45%.

Conventional Loans in Adelanto: Flexible Financing for High Desert Buyers