Sometimes your inability to qualify for a home loan is due to not having any credit or having a lower score due to not having enough trade lines/types of accounts.

When this is the case, you are limited to the type of financing you will be approved for. With that being the case, there are many types of trade lines that can really help boost your credit score. They include secured and unsecured credit cards, loans, and other installment type loans. You should still consult with a mortgage professional prior to getting new accounts to make sure it will maximize your credit score. Click here to complete at the app for a home buying evaluation.

Affiliate Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation.  This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.