Question 1

Can I switch from FHA to conventional later?

Accepted Answer

Yes, refinance to conventional once you hit 20% equity and 620+ credit. You'll drop the FHA mortgage insurance and likely get a better rate.

Question 2

Which loan closes faster in San Bruno?

Accepted Answer

Both take 30-45 days typically. FHA appraisals can add time if the appraiser flags repairs, but underwriting timelines run similar.

Question 3

Does FHA limit how much I can borrow in San Mateo County?

Accepted Answer

FHA caps at $1,209,750 in San Mateo County as of 2026. Conventional goes higher but becomes a jumbo loan above that same limit.

Question 4

Will sellers reject my FHA offer in San Bruno?

Accepted Answer

Some will in competitive situations. FHA's stricter appraisal standards make sellers nervous about deals falling apart over minor repairs.

Question 5

What credit score gets me the best conventional rate?

Accepted Answer

760+ gets you top pricing. Every 20 points below that costs you 0.125-0.25% in rate, which adds up fast on San Bruno home prices.

Conventional vs FHA Loans in San Bruno: Which Fits Your Budget?