diff --git a/staging/src/k8s.io/apiextensions-apiserver/pkg/apiserver/customresource_handler.go b/staging/src/k8s.io/apiextensions-apiserver/pkg/apiserver/customresource_handler.go
index abb354dee17..3bafc1d0ea1 100644
--- a/staging/src/k8s.io/apiextensions-apiserver/pkg/apiserver/customresource_handler.go
+++ b/staging/src/k8s.io/apiextensions-apiserver/pkg/apiserver/customresource_handler.go
@@ -654,11 +654,11 @@ func (r *crdHandler) getOrCreateServingInfoFor(uid types.UID, name string) (*crd
 		openAPIModels = nil
 	}
 
+	safeConverter, unsafeConverter, err := r.converterFactory.NewConverter(crd)
+	if err != nil {
+		return nil, err
+	}
 	for _, v := range crd.Spec.Versions {
-		safeConverter, unsafeConverter, err := r.converterFactory.NewConverter(crd)
-		if err != nil {
-			return nil, err
-		}
 		// In addition to Unstructured objects (Custom Resources), we also may sometimes need to
 		// decode unversioned Options objects, so we delegate to parameterScheme for such types.
 		parameterScheme := runtime.NewScheme()