All Forum Posts by: Matt Meyers

I have good credit, but have never had any major loan of any kind - car loan, student loan, anything. I'm 24yo and hope to buy a house hack in California in the next year or so. I'm hoping to put low money down through an FHA loan but am realizing that I don't have any serious credit history other than no credit debt and a high credit score (haven't even had a credit card for very long). I am pretty thrifty and don't like the idea of putting myself thousands of dollars into debt for a new shiny car not to mention taking on an additional monthly payment that I can't afford (I live in Santa Cruz and cost of living alone is ridiculous), but realize that lenders may not take me seriously when they see that I don't have any loan history already.

Will that make things harder for me when it comes to getting a mortgage/hard money loan for a house?

Thanks!

Matt