Dave Ramsey: What happens if you want a mortgage but have no credit card or loans?

Editor’s note: Money expert Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including “The Total Money Makeover.” His radio show “The Dave Ramsey Show” is heard by more than 16 million listeners each week on 600 radio stations and multiple digital platforms. Each week he answers a question about personal finance in his “Dave Says” column. 

Dear Dave,

I really don’t have any established credit, because I’ve never taken out a loan or had a credit card. What will happen when I’m ready to get a mortgage loan and buy a home?

Jillian

Dear Jillian,

There are basically two ways to be in a position to get a home loan. One is to have credit at lots of places and a huge FICO score. This is kind of dumb when you really

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