What if I do not have any credit?
Buyers Answers

In most cases no credit is better than bad credit, every case is different. Most lender programs will allow what is called “alternative credit.” That is a credit line that you pay on a monthly basis, for example, rent, car insurance, electric, cable, telephone, etc. As long as you have made on time payments with these lines of credit they can be used as alternative credits in order to qualify.