Other Sources to Get Loans Approved by a Mortgage Company in Georgia

"Credit history may be the common financial document used by a trusted mortgage company in Georgia to review a home loan application, but it is definitely not the only document that allows lenders to examine a client’s financial status. Adequate documentation of any of these sources on the list are acceptable in lieu of a credit history, as long as these documents are able to prove the client’s steady income source and on-time payment history. These two factors are important because they show the client’s capability to pay for the home’s down payment and the monthly dues. Reputable mortgage companies in Georgia like Churchill Mortgage Corporation understand that not all potential home buyers use credit cards. Furthermore, some people who apply for a home loan are relatively new arrivals in the country and have not yet established enough credit history. If you have more questions about getting a home loan, work with a mortgage company who can help you."

http://georgia.churchillmortgage.com/info-article/other-sources-to-get-loans-approved-by-a-mortgage-company-in-georgia/