“No one Can Help Us”
We have been renting the home we live in for over 6 years. Our landlord offered to sell us the home, but we have not been able to obtain a mortgage. The issue is that we have no credit scores. We deposit all of our income to our debt card account and pay all our bills this way, but as I mentioned nothing shows up on the credit report. Can you help us?
By the way your name was given to me by our landlord, he gave us your name when we were telling him we couldn’t get a mortgage. He told us, if you can’t get us a mortgage no one can.
It is not usually a deal killer for clients that have no credit scores to get a mortgage. We do them all the time, as long as the client has at least three lines of alternative credit. All should have at least 12 months of payment history. Alternative credit are items like cell phones, utilities, insurance, memberships, and many others.
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.