New house help please (Dallas, Flower Mound: credit score, loan, to buy)

[Makeke18]

Ok im new to this forum and will like to ask few questions to see if someone van direct me. I have my own business in the trucking industry. I make 300k or so a year. I want to purchase a new house but my problem is i have no credit at all. What i need to do to get my credit up and running and to buy a decent house in the 500k range. I have never had credit. I save money feom my old qork and got into the business with one truck and now i have 6 running. I have savings of over 100k. But i havent even get a cresit card under my name. So my credit its new or nothing. Any help will be greatly appreciatte.

[TexasRedneck]

Go to CreditKarma.com and have a look at your credit. SOMEtimes you'll have a score without knowing. If not, you're going to need a lender that does what is called "manual underwriting" - meaning, they do the loan process the old way, not via your credit score, just like they used to years ago. That's most likely going to be through an independent, local bank - NOT one of the big nationals. Can't begin to tell you where to look, since I have no idea where you're located - but they're out there. Talk to your Realtor - if they give you a blank look or say "no one does that", find another Realtor, because they SHOULD know who does them.

[C24L]

Originally Posted by Makeke18

Ok im new to this forum and will like to ask few questions to see if someone van direct me. I have my own business in the trucking industry. I make 300k or so a year. I want to purchase a new house but my problem is i have no credit at all. What i need to do to get my credit up and running and to buy a decent house in the 500k range. I have never had credit. I save money feom my old qork and got into the business with one truck and now i have 6 running. I have savings of over 100k. But i havent even get a cresit card under my name. So my credit its new or nothing. Any help will be greatly appreciatte.

manual underwriting

[NeedHomeInDallas]

Originally Posted by Makeke18

Ok im new to this forum and will like to ask few questions to see if someone van direct me. I have my own business in the trucking industry. I make 300k or so a year. I want to purchase a new house but my problem is i have no credit at all. What i need to do to get my credit up and running and to buy a decent house in the 500k range. I have never had credit. I save money feom my old qork and got into the business with one truck and now i have 6 running. I have savings of over 100k. But i havent even get a cresit card under my name. So my credit its new or nothing. Any help will be greatly appreciatte.

I am also looking for a new home in Dallas area. My budget is 375K. School district and closeness to the airport is very important to me. If you come across something in that range let me know. I feel like dallas market is too hot right now and homes are flying off like hot cakes so prices are increasing.

[LQQKOUT]

Graoevine, Ponder, Roanoke, Kelker, Flower Mound, Euless, Highland Village, The Colony, coppell. Get more approved, find a good realtor. Most have connection to lenders.

[Crashj007]

Zillow is a good starting place for a home. They have professional school ratings as well as location and estimated values. You can search by local names or even draw a border.