Thinking about buying a home with but don't have any credit history? Striving to live debt-free is a commendable goal. However, it now leaves you facing the unintended consequence of not having any established credit history.
Not having any credit history or a credit score is a hindrance to getting a home loan as these are two of the factors that are typically reviewed when applying for a home loan.
Still, buying a home with no credit is still possible! There are ways to quickly build credit as well as other ways to qualify for a mortgage, even without any credit history.
Perhaps you've heard that job history is enough to qualify for a mortgage when you don't have any established credit. Let's explore why it may not be sufficient.