Question 1

What is the conforming loan limit in San Bernardino County for 2026?

Accepted Answer

The 2026 conforming limit is $832,750. Loans above this amount are jumbo and typically require 20% down and stronger credit.

Question 2

Can I get an FHA loan in Fontana?

Accepted Answer

Yes. FHA is available with 3.5% down and a 580+ FICO score. The limit is $690,000 since this is a high-cost area. Mortgage insurance runs for the life of the loan if you put down less than 10%.

Question 3

Am I eligible for a VA loan in Fontana?

Accepted Answer

Yes, if you have a Certificate of Eligibility as an active-duty member, veteran, or surviving spouse. VA loans go up to $832,750 with zero down. The funding fee is 2.15% at zero down for first-time use.

Question 4

What credit score do I need to buy in Fontana?

Accepted Answer

Conventional loans typically require 620+ FICO. FHA accepts 580+ FICO. VA has no official minimum but most lenders want 620+. Jumbo loans usually need 700+.

Question 5

How much do I need to put down on a conventional loan?

Accepted Answer

Conventional loans require 3% to 5% down for first-time buyers. At 20% down you avoid PMI entirely. Below 20% down, PMI applies until you hit 78% LTV.

Question 6

What is PMI and when does it go away?

Accepted Answer

PMI is mortgage insurance that protects the lender when you put down less than 20%. It cancels automatically at 78% LTV and can be requested at 80% LTV.

Question 7

Is San Bernardino County a VA high-cost area?

Accepted Answer

No. VA loans in San Bernardino County follow the conforming limit of $832,750 with no high-cost-area adjustment. VA buyers can access the full conforming amount with zero down.

Question 8

How does the Ontario International Airport expansion affect Fontana?

Accepted Answer

Ontario International Airport's ONT BOLD expansion project may increase regional infrastructure and accessibility. This could support long-term property values in nearby Fontana.

Question 9

Can I buy before selling my current home in Fontana?

Accepted Answer

Yes. You can buy before selling if you qualify for two mortgages. Lenders typically want sufficient income and reserves. Selling first simplifies qualification and gives you more down-payment cash.

Question 10

What is the difference between FHA and conventional loans?

Accepted Answer

FHA requires 3.5% down and accepts lower credit scores (580+). Conventional typically needs 5%+ down and 620+ FICO. FHA mortgage insurance lasts the life of the loan if down payment is under 10%.

Question 11

Can I get a jumbo loan in Fontana?

Accepted Answer

Yes. Jumbo loans exceed the $832,750 conforming limit. They typically require 20% down, 700+ FICO, and 6-12 months of reserves. Rates usually run 0.125% to 0.5% above conforming.

Question 12

How do new coffeehouses and dining options affect my buying decision?

Accepted Answer

New coffeehouses and craft breweries improve neighborhood appeal and daily convenience. These additions suggest local investment and can support property values.

Question 13

What income do I need to qualify for a mortgage in Fontana?

Accepted Answer

Most lenders use a debt-to-income ratio of 43% to 50%. At the county median income of $82,184, you could typically qualify for a loan in the $300,000 to $400,000 range.

Question 14

How long does it take to close a mortgage in Fontana?

Accepted Answer

Most conventional loans close in 30 to 45 days. FHA and VA loans may take 45 to 60 days due to additional inspections. Jumbo loans can stretch to 60 days or longer.

Question 15

What are closing costs on a Fontana home purchase?

Accepted Answer

Closing costs typically run 2% to 5% of the purchase price. This includes appraisal, title, escrow, and lender fees. Ask your lender for a Loan Estimate within three business days.

Fontana mortgage FAQ for San Bernardino County buyers