Additionally, the consideration of non-traditional credit continues to be quite helpful to many first time home buyers who lack a sufficient traditional credit history. (fhaloanpros.com)
That means the buyer will probably pay a higher interest rate for a home loan than someone who has a good traditional credit history. (rismedia.com)
Clearly the new FICO score could help consumers with a thin traditional credit history. (mymoneycounselor.com)