November 3rd, 2023 2:29 PM by Cathy Heckman
Did you know that items that do not show up on a credit report, such as rental history or other monthly bills, can be evaluated as a type of credit history?
That’s right, you DO NOT need to have a credit score on some loans in order to buy a home! All those bills that you regularly pay each and every month count as a credit history. If this sounds like your situation or you have more questions, please message me to discuss financing your own future home.
So, gather up those regularly month payments and let’s chat.
All lenders look at the content of your credit report. What do you have behind that curtain? It is always and I mean always best to sit down with your mortgage broker to go over your current credit details to make sure your windows are clean.
Cathy Heckman
Mortgage Contract Services