Sentences with phrase «without traditional credit scores»

If you do, you could qualify for a mortgage without a traditional credit score or report.

Not exact matches

does not currently require a minimum credit score, and also allows borrowers without traditional credit to submit alternative documentation including rent and utility receipts.

Flexible credit requirements including lower credit scores and alternative credit documentation for borrowers without traditional credit

After all, the company offers numerous scores, from a special mortgage score to an «expansion» score meant to help those without traditional credit loans be evaluated by the way they make utility payments and rent payments.

But until more data sources providing nonbank payment information become part of traditional credit score calculations, consumers will continue to pay their debts on time without an opportunity to increase their scores.

Strategies should be discussed with a mortgage broker or financial advisor because without improving your credit score traditional financing will be a difficult process to qualify for.

Unlike traditional lenders and banks, who focus exclusively on a credit score and income, Ascent looks at an applicant's school, program, major, and graduation date to determine whether they can qualify for a student loan without a cosigner.

A traditional credit score calculation is nearly impossible without a credit file.