No Credit/Alternative Credit

No credit means no FICO score, and no trade lines.
First time homebuyers can still qualify for a loan.

• Program 1:

100% financing available on 1-4 unit 0/0 properties
3 alternate trade lines for 12 months (phone, cable, electric, etc.)
12 month rental history (cancelled checks)
2 months reserves

OR

• Program 2:

Up to 85% financing using only 12 months book statements or cancelled checks.