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qualify for 30-year mortgage even if you lack credit history

Posted on: 16th Mar, 2006 01:03 pm
I live in Illinois. My lender was telling that taxpayers here can now qualify for 30-year fixed rate mortgage loans even if they lack credit history. Any updates?
Hi Shelly,

There is an alternative to the Social Security Number known as Individual Taxpayer Identification Number. This is issued by the Internal Revenue Service.

In Illinois, taxpayers with a lack in credit history can qualify now for a 30-year fixed rate mortgage loan administered by a state agency with the help of this alternative identification number.

God bless you.

For MortgageFit,
Samantha
Posted on: 16th Mar, 2006 01:10 pm
In fact many private mortgage lenders use this alternative identification number to qualify applicants for loans.
Posted on: 16th Mar, 2006 01:20 pm
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