How I Bought A House With No Credit Score

Рет қаралды 112,076

Жыл бұрын

💵 Create a free Budget - Sign up for EveryDollar today! ter.li/ubldyt
How I Bought A House With No Credit Score
What Is The Mortgage Underwriting Process?: www.ramseysolutions.com/real-...
Can You Buy A House With No Credit Score?: www.ramseysolutions.com/real-...
Get A Mortgage With Someone You Can Trust: www.ramseysolutions.com/real-...
George Kamel is a personal finance expert and co-host of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.

Пікірлер: 534

@barttfisher 2 ай бұрын

I remember when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

@HildaBennet 2 ай бұрын

Most people find it difficult to control a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

@PennyBergeron-os4ch 2 ай бұрын

The prevailing US stock market's bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

@JosephineKenney 2 ай бұрын

How can I reach out to one? my assets have been decling since 2022 and I’ve been holding on by the skin of my teeth.

@PennyBergeron-os4ch 2 ай бұрын

Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.

@JosephineKenney 2 ай бұрын

I just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

@Bob-yh7ir Жыл бұрын

We bought our house without a credit score. The loan guy after looking for debt was flabergasted. He actually came in the day we were signing all the paper work for the loan and sale and shook our hands. He said he had never met people like us. People who have no debt. We then went and paid the house off in 17 years.

@Imwityohoe 8 ай бұрын

It’s 2023 not 2006 bud shits different

@UpUpDnDnLtRtLtRtBAStart 6 ай бұрын

He*

@brendabeans4986 5 ай бұрын

@@Imwityohoe 🙋‍♀️ I'm 26, went to college (on scholarships), married, we have 3 cars and a baby, and we've never had debt. We exist.

@Imwityohoe 5 ай бұрын

@@brendabeans4986 and I care why

@Imwityohoe 5 ай бұрын

@@brendabeans4986 and I care why?

@chrisandstefaniespinoza-ma473 Жыл бұрын

This guy is hilarious! He brings so much to the Ramsey Team. I must admit, sometimes the Ramsey show can get redundant but George really adds a special personality to it.

@bradkroboth5490 10 ай бұрын

For almost 20 years, I saved my money and bought all of our cars in cash, no credit cards for the same time, and when I went to buy a brand new car, I had no credit history. The company was basically like wtf??? It's called save your $$, and pay with what you make, not borrow and buy gum with a credit card. And yes, I subscribed because I agree with many of your views and ideas

@ralstondorn7874 10 ай бұрын

Finally someone at Ramsey actually sat down and spelled out letter-by-letter how to buy a house without a credit score. Dave has been preaching this for years but I don't ever remember him taking the time to explain step-by-step how to do it.

@pablosarria7907 8 ай бұрын

Yes! We need more of these videos for the most common topics.

@frankweightlossjourney Жыл бұрын

The editor crushed this! Great work Ramsay team

@ashwinisuresh2303 Жыл бұрын

It was about time he got his own channel!!😊 he is so funny and practical!

@GeorgeKamel Жыл бұрын

Aw thanks Ashwini!

@pricecampbell3956 Жыл бұрын

@@GeorgeKamel hey George so glad you got a KZfaq channel for yourself

@lucasclarke4536 Жыл бұрын

Yes! The millennials favorite Ramsey personality has his own channel🤘

@thefpvlife7785 Жыл бұрын

The more ideas n advice the better.

@pkdude5334 Жыл бұрын

George, you're quickly becoming my favorite Ramsey personality. Everyone does great when Dave's not there, but it seems you're the one who can maintain the same level of confidence when hosting with Dave. Keep doing what you're doing.

@GeorgeKamel Жыл бұрын

Thanks so much for the kind words!

@darrenruben2981 Жыл бұрын

Hi George buddy. Congrats on show

@darrenruben2981 Жыл бұрын

Sure thing

@corychecketts Жыл бұрын

The Ramsey team is really upping their game with video production. George is my 2nd favorite personality, next to Dave of course. Great work!

@GeorgeKamel Жыл бұрын

Aw shucks. Thanks Cory!

@stephencolor2010 Жыл бұрын

💯

@MikeThePike316 Жыл бұрын

George!!! Man, I'm very proud of you. All of your hard work is evident and inspiring.You're doing a good job, and you bring a fresh twist to Ramsey Solutions. Keep up the good work.

@GeorgeKamel Жыл бұрын

Thanks Mike!

@NohSpinZone Жыл бұрын

Self-employed people like me know all about manual underwriting as even the big banks will require it without a W2. A bit more hassle in terms of due diligence but we actually appreciated it. It felt like the bank was actually taking the loan seriously instead of passing them out like candy as they did in the early 2000s just before the crash.

@GeorgeKamel Жыл бұрын

Love to hear that, John! We’ve been desensitized into always going for the most convenient option. And yet everyone is broke. A little extra effort and patience never hurt nobody.

@DanielSantos12 Жыл бұрын

I don’t usually comment, but man we need more like this George!

@GeorgeKamel Жыл бұрын

Thanks so much Daniel! Means a lot!

@margie909 Жыл бұрын

It has been such a joy to watch you go from the KZfaq host, to Ramsey personality, to this!! Your natural talents were evident from the start, but obviously you know how to work hard and really polish your content. Great editing too. Congratulations!!!

@GeorgeKamel Жыл бұрын

That is so sweet, thanks Margie!!

@andiclemenza6476 Жыл бұрын

GEORGE!!!!! I am so excited for your own channel!!! Congratulations!!! Wishing best luck and success!

@Untold8065 Жыл бұрын

You are one of the best things to happen to Ramsey Solutions!! I’m so glad you’ve got your own channel. You Rock, George!!

@GeorgeKamel Жыл бұрын

Aw thanks so much! Meansa lot!

@AnolThrift Жыл бұрын

So glad my favorite Ramsey personality EVER now has a KZfaq channel! Way to bring some financial peace to the 21st century!! 🎉🎉

@GeorgeKamel Жыл бұрын

So kind! Thank you!

@jesusbermudez5871 Жыл бұрын

Really nice video!! I liked how every 10 seconds or so there was a new frame or fun video… makes you hooked up to the video

@ProfitBoss Жыл бұрын

Big fan of yours George. Great to see you have your own channel now. Wishing you a huge success with this.

@chadeburns Жыл бұрын

Thanks for getting this out there, George. We did this, too. I had to tell the loan officer it was possible and then he figured out the process and we got a great rate!😊

@GeorgeKamel Жыл бұрын

Heck yeah! Way to go!

@itchyisvegeta Жыл бұрын

Dude! They need a Manual Underwriting Theme Hour like they have a Millionaire Theme Hour, where its stories on how everyone got this and the rate they got. Just to prove everyone it can be done.

@JimmyMiller31 Жыл бұрын

Such a creative video while staying true to the Ramsey principles. So excited to see where this channel goes. Really enjoyed this video. Thanks George.

@GeorgeKamel Жыл бұрын

Thanks Jimmy!

@hellosaysandrew Жыл бұрын

Finally, George has landed with his own channel. My body is ready. 🎉😊

@louisedowling Жыл бұрын

Congrats on first video. Greetings from Ireland 🇮🇪 were all mortgages are manually underwritten

@bettedavis9261 Жыл бұрын

So glad you've got your own channel, George! Love you!

@GeorgeKamel Жыл бұрын

The feeling is mutual 🤣

@drewthetechy Жыл бұрын

George you’re my favorite Ramsey personality!

@bethanyk2425 Жыл бұрын

I was hoping you were going to announce your book but this is just as good. Congratulations George K!

@GeorgeKamel Жыл бұрын

Ha that will happen towards the end of the year if all goes well!

@av-lz5db Жыл бұрын

Very best of success to you, George. You're a man of values and morals, as well as financial knowhow, it's sure to be a recipe for success.

@BrittNPD Жыл бұрын

Yay! George, Im so proud of you! I met you back in 2020 when you were hosting the youtube channel and I had no idea you were on this path. So excited for you 🎉

@adriennee.giordano4996 Жыл бұрын

Congrats my internet-friend - super happy for you - great content & love the cameo clips - great fun! Much love from pricey Jersey! 😉

@aldosalas842 Жыл бұрын

I love the public interviews!

@GeorgeKamel Жыл бұрын

Those are always a good time

@stevengtv Жыл бұрын

Finally a financial KZfaqr that isn’t going to spam us with ads and scams.

@andrewdempsey3979 Жыл бұрын

I did the exact same thing last September using Churchill Mortgage after following George and Dave’s teaching. Got a great rate on our 15 year mortgage because we saved 20% down and my wife and I had slightly above average incomes.

@sharondube1101 Жыл бұрын

So excited your new show has dropped. Looking forward to more great content.

@RyanDaRaider Жыл бұрын

So if your single you can’t buy anything right? A 300K home in Nashville which is very modest to say the least would require 30K+ Closing costs and would require you make 150K+ annual salary(gross) under your premise. Yes I did the math. Average salary in Nashville is somewhere around 60-65K, so how is the average person going to buy a home?

@RyanDaRaider Жыл бұрын

Btw I own my own home in Orlando Florida and I like the content, but no single person could ever buy a home under those terms unless they are making well over 6 figures

@MikeThePike316 Жыл бұрын

Don't be average, live within your means, or live in an area you can afford and commute.

@EAAAA1505 Жыл бұрын

@@MikeThePike316 Tired of people saying this. Because there are six-figure jobs for everyone right? If that was the case many would be working them now.

@RyanDaRaider Жыл бұрын

@@MikeThePike316 live within your means? Under this formula of buying a home you’d have to purchase a 150K home(good luck with that). This formula requires a double income period, or make well above 6 figures.

@ricehorn37 Жыл бұрын

Love to see this! Looking forward to all of the great content, George!

@elmercisneros2671 Жыл бұрын

Absolutely amazing video. I did all the things for the algorithm. Great job everyone involved in the making of this video and channel going forward. I know George gets into the comment section so here goes my insult. Hahaha. Does anyone else think George looks a little like Larry King while sitting behind the desk? Id rather look like Larry King but be a millionaire at 34 like George. Congratulations George and Whitney.

@nils704 Жыл бұрын

I like the video. The facial expression on the anchors on Fox 32 in Chicago is priceless!! Looking 👀 forward to more content.

@MaryleeMadden-Bost Жыл бұрын

Great job, George! As Dave works through his exit strategy, you and Rachel must be at the top of his list. Best of luck!!

@janellenicol3311 Жыл бұрын

This was amazing! I loved it! The editing was perfection and so is George! Go team Ramsey!

@cakedupkevin Жыл бұрын

So glad you have your own channel, George! It’s a long time coming! 🎉

@francinelarsen3303 Жыл бұрын

Loved this! Congrats, George! Looking forward to many more videos.

@karisabronson84 Жыл бұрын

Was looking forward to this channel and you did not disappoint!

@Roxyfull_ Жыл бұрын

Im only on KZfaq for all the George content so thanks Ramsey team! Make the next one longer tho!

@GeorgeKamel Жыл бұрын

Ha that means the world, Emma! Many more to come!

@JaydonTobler Жыл бұрын

Definitely don’t get the 15 year mortgage. If you’re goal is to pay it off in 15 years, you can still do that with a 30 years mortgage by making extra payments. But when you hit hard time (like being laid off), even when you have a big emergency fund, you’ll be thankful you have a lower payment. Remember, a 30 year mortgage can always be paid off in 15 years. But it’s really tough to pay off a 15 year mortgage in 30 years.

@ronr.9203 Жыл бұрын

I enjoy your witty style, and you always keep it fun. Thank you for helping to debunk the myth of credit scores and the underwriting process.

@thomasfradd2034 Жыл бұрын

So glad to have you on KZfaq George ! Love your content, please never lose your sense of humour 😆

@ambivertical Жыл бұрын

Well done George. Congrats on your sucess and this new venture. God bless you.

@alliboyd6346 Жыл бұрын

So glad to find this channel. Love watchin you George!

@bellad1063 Жыл бұрын

Ahhhh it’s his first video! Thought I was just stumbling upon it! Heyyyyyy!!!

@great2bprincess Жыл бұрын

Awesome job, George! Keep up the great work! I am on baby step 6 and you are keeping me motivated!

@laurenmarie1951 Жыл бұрын

Ah this was excellent. You and Jade are my fav Ramsey peeps, so I am happy you have your own show now! Looking forward to your wisdom and humor!!

@RitchieKingsley-ci9ml Жыл бұрын

Awesome George ! Love listening to ya

@EmilyWer2 Ай бұрын

Not the guy at 2:34 thinking he might be getting a free house from George… I saw that glimmer of hope in his eyes

@sarahbarrett9093 Жыл бұрын

My grade 11/12 personal finance class loves you, George! You keep things engaging and informative. We're located in Nova Scotia, Canada. Thanks for all you do. Keep it up!

@vbb8948 Жыл бұрын

OMG🎉🎉🎉🎉🎉I am soooooo happy George has his own channel!!!!!! Automatically Subscribed!!!!

@ses-ei7oc Жыл бұрын

So happy that you finally have your own YT channel! I wish you the best of luck.

@gracechun2895 Жыл бұрын

I rarely comment on YT but I enjoy listening to you on the Ramsey podcasts! Thank you for sharing your knowledge with us. Your comments always make me laugh and are so relevant to things happening today. Good luck on your new channel! Can’t wait to watch future videos.

@brookD1980 Жыл бұрын

George is the best! My husband and I love listening to the Ramsey Crew and George is hilarious :) keep being awesome

@GeorgeKamel Жыл бұрын

Thanks so much!

@keringohman1695 Жыл бұрын

I enjoy watching you and really look forward to learning more from you!! Thanks for all you do🎉 Congratulations!!!!

@MichelleNitzel-vu6ed Жыл бұрын

Yay! Best news of my day! Looking forward to listening to these! 😎

@asifafzal7372 Жыл бұрын

You are the best George. I am following you for long time. This youtube addition is great

@libbysworld7649 Жыл бұрын

It's about time! Great segment and addition!

@iabbervocium Жыл бұрын

Great job George! Love the new channel

@IGCcore Жыл бұрын

KAMEL HAS A CHANNEL! Amazing way to start my week

@brendareece6796 Жыл бұрын

Always appreciate your spiritual gift! You are truly relatable. Thanks for sharing your wisdom and snarky personality!

@ariellap4957 Жыл бұрын

Just finished watching the latest Smart Money Happy Hour. I’m so excited to see you just started your own channel! I know it will be super successful - keep up the great content!!

@GeorgeKamel Жыл бұрын

Thanks Ariella!

@daveplc Жыл бұрын

Love the Kamel content. I will be at the Ramsey event this Friday! Looking forward to seeing the new event center. 🤘🤘

@inspiredbypod Жыл бұрын

loved this, George!! you guys are killing it!

@ellendunlap6499 Жыл бұрын

Love the touches of humor with all the content!!

@thealexandraway Жыл бұрын

Hi George! Congratulations on the new KZfaq channel! You're my favorite personality!

@jjjohnson1385 Жыл бұрын

Love this! Keep it up George 🎉

@FREISTUDIOS Жыл бұрын

More George, just what I needed! I’ll be watching bro, good luck with your channel.

@meaghansteinmann4236 Жыл бұрын

So excited about this channel. Great vid! Fan from 🇨🇦

@Beloved613 Жыл бұрын

Love it! Great job team

@CoachSteveMoney Жыл бұрын

So excellent George! Getting a channel couldn't have happened to a nicer guy!

@GeorgeKamel Жыл бұрын

Very kind, Steve! Thanks for being a longtime fan of ours!

@lindah4135 Жыл бұрын

As always you are entertaining and educating us! Love it! Congratulations ‘Broseph’! 😂😂😂 By the way, my parents who grew up during the Great Depression told us kids the same thing about buying a house. 20% down and mortgage payment of no more than 25% of your take home pay. Hey, those depression era people knew how to deal with money! 💰

@GeorgeKamel Жыл бұрын

I’d listen to them for sure. They seen a thing or two. Thanks for watching!

@flashthecorgi2053 Жыл бұрын

So excited for your channel George! The Dr. John Delony Show will always be my favorite but I know this will be a close second because you are hilarious, extremely intelligent and, I feel like I relate to you more than old man Dave 😂🤪

@veronicabishop9466 Жыл бұрын

George you are awesome great job keep up the hard work. Love everything you do at Ramsey.

@jonathanlugo1621 Жыл бұрын

So excited to follow along, George!

@maorzion6472 2 ай бұрын

This works when the houses around you don't cost a million dollars. More than 20% in down payment means $200,000 just in down payment, and then a 15 year mortgage with a the average interest rates looks like $8000 a month. That's about %200 my take home pay, not 25%. Buying a home doesn't make sense anymore.

@Brovillion559 Жыл бұрын

I bought my house with a 404 credit score and no down payment. I’m a veteran and used the va loan. But still my credit was trashed thanks to Dave Ramsey and co. I paid off my debt and showed the bank most of my income besides phone and insurance(s)

@ryandueker5842 Жыл бұрын

Great job George. So excited for the future of the KZfaq channel. Will this be the new The Fine Print or will that still continue?

@jlutz9994 Жыл бұрын

Thanks George! You’re doing great things!

@SevenFortyOne Жыл бұрын

I bought a house without a credit score in 1997 at 23 years old. I had never had a credit card or borrowed money up to that point in my life. it was easier to get a loan in those times but the process is still about the same today as it was then.

@jersonjim3605 Жыл бұрын

So glad you're in KZfaq!

@Vedette-sa Жыл бұрын

Congratulations! I will be watching.

@mides8167 Жыл бұрын

Nice one George. Great content. Subscribed!! 👍🏾

@perfectlymprfct Жыл бұрын

Love to see this!

@bridgetnaylor7022 Жыл бұрын

Amazing video! Love the edits 👍

@_sambfilms Жыл бұрын

George, so glad you popped up on my feed. It feels weird hearing your voice outside of the Ramsey show but I think this was valuable content!

@rafaelchaconsr Жыл бұрын

Great work Ramsey team

@sippingtea4743 Жыл бұрын

Excellent! My favorite personality

@USprotector Жыл бұрын

I found your channel today I love it brother, keep them coming! 💪🙏⭐️

@gracemu3 Жыл бұрын

Love this segment by George Kamel ! I hope this could reach as much people to make them know we could buy a home without a credit score!

@ronaldpoole6309 Жыл бұрын

I love this new pod cast George, Keep up the good work.

@jbyaaaaa Жыл бұрын

Very thorough, thanks George!

@nancybashista1390 Жыл бұрын

Proud of you, George Kamel! 🙏🎉

@RonaldRalphy Жыл бұрын

GEORGE! It's inspiring to see a young person "near" my age (25 in May) succeeding in life and gives me the motivation to keep going. Dec 2024 is payoff day BABYYYYYY!

@GeorgeKamel Жыл бұрын

Thanks so much. Love hearing that! Way to go man!