Welcome to Credit Resources
Looking to buy a home without a traditional credit score? No problem! Cornerstone First Mortgage has plenty of home-financing options that allow borrowers to qualify using non-traditional credit.
Common Non-Traditional Credit Options:
- Rent payment history
- Utility bills
- Insurance payments
- Cell phone plans
- Item rentals, such as cars or furniture
- Childcare and tuition payments
Wondering what the difference is between a hard and soft credit inquiry? We have you covered! A soft credit pull is usually used as a preemptive review of your credit history. While it doesn't check all the requirements for what you'll need to get approved for a mortgage, it helps give a general idea of how much you can afford and what your mortgage payments might look like.
Benefits:
- No impact to your credit score
- Doesn't trigger leads to solicitors
- Could help pre-qualify you without a formal loan application*
Reach out to learn more!
