Since you don’t have a FICO score, you must prove your reliability through other recurring payments. Lenders will typically want to see 12–24 months of on-time history for:
Buying without credit takes more paperwork and a bit more patience, but it is entirely possible. It’s about proving your character through your bank account rather than a credit algorithm. how to buy a house without credit
The Federal Housing Administration (FHA) actually has guidelines for borrowers with "non-traditional" credit. If you have no credit history (not bad credit, but no credit), you may still qualify for an FHA loan with a down payment as low as 3.5%, provided you meet their manual underwriting criteria. 5. Consider Seller Financing Since you don’t have a FICO score, you
Occasionally, even consistent phone or internet bills count. 3. Save a Larger Down Payment Consider Seller Financing Occasionally