Do All Borrowers Need a Credit Score to Buy a Home? The answer is “No”! There are many ways to demonstrate your credit payment history. For instance, your utility bills, rent, cell phone bill and even streaming services can be used to demonstrate credit history. Bottom line – Don’t let the lack of a credit score stop you from buying your dream home. Let’s talk and plan your road to homeownership!
Related Article Title: One Borrower with No Credit Score Question: One of my borrowers does not have a credit score, yet we are receiving an approve eligible in DU. Are we able to have a borrower with no score? MC Chart – Non-Traditional Credit Guidelines – All Agency Comparison Answer: Fannie and Freddie do not […]