Buying a Home Without Credit and Avoiding Tax-Time Trouble
Student Loan Planner · Meagan McQuire, Sim Terwilliger, Steve Stewart
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Is it possible to buy a home without a credit score?
We're joined by special guest Steve Stewart, podcast editor, who shares how he moved his family to Colorado and secured a mortgage without a traditional credit score.
Steve, who hasn't opened a credit account since 2008, reveals tools and strategies for documenting payment history, navigating homeownership as a single-income household, and overcoming challenges as a self-employed borrower.
We also discuss why the credit scoring system prioritizes debt, how professionals with unconventional financial profiles can still secure a mortgage, and how to handle tax reporting, 1099 forms, and business structuring for freelancers and entrepreneurs.
Key moments:
(05:29) The myth that a credit card is safer than a debit card
(09:19) Strategies to get a mortgage without a traditional credit score or manual underwriting
(21:36) What living without credit means for missing out on card perks
(27:13) Simplifying 1099 income reporting and third-party processor confusion
Links mentioned:
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Amazon Music
- Leave an honest review on Apple Podcasts
- Subscribe to the newsletter
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
- Get profession-specific financial planning
Do you have a question about student loans? Leave us a voicemail here or email us at [email protected] and we might feature it in an upcoming show!