I have reputable lenders that use what is called "Alternative" credit - things like cell phone bills, utility biils, etc. Please call me @ 804-527-3948 ext 205 to discuss in more detail! I hope I may be of service to you! Maureen Schmidt, Exit First Realty, Glen Allen VA
I'd be happy to put you in touch with a local lender that enjoys working with first-time home buyers. A good loan officer can help answer your questions and put you on the right track for qualifying. Call me and we can discuss the details!
Like many things in life good things take time. It's difficult to get credit when you have none; it's even more difficult to get huge credit like a mortgage when there is little to base the decision on. Credit it like a muscle it must be used responsibly to get stronger. Misuse it and you can damage or destroy it. Starting with little or no credit is vastly superior to overcoming bad credit, so continue to pay on time, get some cards, use them and pay them off. Do not be tempted to think credit is free money, it's the opposite. People tend to pay 15% more for items, before interest, when using credit cards over cash. Use your credit cards for gas, groceries and items you a buying anyway. Large purchases should be postponed until you have the cash to pay them off.
It usually takes 2 years worth of positive credit history to be considered for a mortgage, so between now and when that period may be for you, consider overcoming your objections for an apartment or find a rental house.