Waterstone Mortgage Now Offering No Credit Score Mortgages

Waterstone Mortgage Now Offering No Credit Score Mortgages. Is This A Game Changer?

Waterstone Mortgage
Up until now, if you had bad or no credit history you couldn’t get a mortgage. Wisconsin-based Waterstone Mortgage announced yesterday that it is now lending to borrowers who do not have a credit history. Waterstone Mortgage is making the program is available in the 48 states.
Waterstone Mortgage is calling their program, the “Non-Traditional Credit Program.”
The company says it will use other payment history indicators. They will look at other forms of payment history like cell phone bills, rent, and utilities when underwriting a borrower.
Read more at MFI-Miami

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