Will i be able to get a mortgage without having any recent credit history.?

Yes you should. Credit is as a whole, not old or new.

maximum loan companies will make extra beneficial you credit in case you have a solid down fee. All they actually care approximately is having sufficient fairness in the abode in case you default. In different words, they decide on the abode to be nicely worth extra beneficial than what you owe on it. it particularly is achieved with a downpayment. maximum places decide on you to place 20% down. under that and you will might desire to pay what's termed PMI. it particularly is in reality an coverage coverage that ensures the financial company gets back a minimum of what's owed on the abode. My advice is that in case you may stay positioned for a twelve months, open up a credit card account and build some credit that way. different strategies are "customer bills." I outfitted my credit with the help of procuring for issues on twelve months comparable as funds and 6 months comparable as funds plans particularly of paying funds. of direction, issues have been continually paid off in the two 4 or 10 months, so nicely under their decrease. bypass at some point over, and that they hit you with interest for the whole era, so be careful. I additionally outfitted credit with the help of putting vehicle maintenance and new tires on a Firestone card, utilising their ninety-day comparable as funds plan.

You can get a mortgage with that.

Pre-qualify before you start house shopping. Talk to your bank. Talk to a mortgage broker. Get the best deal you can

And get a credit card. Use it one month, pay it off at the end of the month, and put it in a drawer. This will look the same on your credit report as if you were using the card all the time because what shows on your credit report it: current balance (lower is better), the highest balance you've ever had(that's why you have to use it once so that this isn't zero), and number of times you paid late.