How I Bought A House With No Credit Score

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  • Опубліковано 1 лют 2025

КОМЕНТАРІ • 545

  • @chrisandstefaniespinoza-ma473
    @chrisandstefaniespinoza-ma473 Рік тому +72

    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.

  • @ralstondorn7874
    @ralstondorn7874 Рік тому +69

    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
      @pablosarria7907 Рік тому +3

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

  • @barttfisher
    @barttfisher 8 місяців тому +132

    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
      @HildaBennet 8 місяців тому

      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
      @PennyBergeron-os4ch 8 місяців тому

      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
      @JosephineKenney 8 місяців тому

      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
      @PennyBergeron-os4ch 8 місяців тому

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

    • @JosephineKenney
      @JosephineKenney 8 місяців тому

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

  • @Bob-yh7ir
    @Bob-yh7ir Рік тому +142

    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
      @Imwityohoe Рік тому +18

      It’s 2023 not 2006 bud shits different

    • @UpUpDnDnLtRtLtRtBAStart
      @UpUpDnDnLtRtLtRtBAStart Рік тому +1

      He*

    • @brendabeans4986
      @brendabeans4986 11 місяців тому +18

      ​@@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
      @Imwityohoe 11 місяців тому

      @@brendabeans4986 and I care why

    • @Imwityohoe
      @Imwityohoe 11 місяців тому

      @@brendabeans4986 and I care why?

  • @frankweightlossjourney
    @frankweightlossjourney Рік тому +120

    The editor crushed this! Great work Ramsay team

  • @bradkroboth5490
    @bradkroboth5490 Рік тому +28

    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

    • @Nou-s4k
      @Nou-s4k 2 місяці тому

      Preach ❤❤❤❤

  • @ProfitBoss
    @ProfitBoss Рік тому +24

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

  • @pkdude5334
    @pkdude5334 Рік тому +61

    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.

  • @NohSpinZone
    @NohSpinZone Рік тому +48

    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
      @GeorgeKamel  Рік тому +15

      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.

  • @corychecketts
    @corychecketts Рік тому +54

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

  • @JaydonTobler
    @JaydonTobler Рік тому +7

    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.

  • @drewthetechy
    @drewthetechy Рік тому +4

    George you’re my favorite Ramsey personality!

  • @DanielSantos12
    @DanielSantos12 Рік тому +13

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

    • @GeorgeKamel
      @GeorgeKamel  Рік тому +2

      Thanks so much Daniel! Means a lot!

  • @Itssuperdave
    @Itssuperdave Рік тому +2

    It’s funny the video that played right after watching yours was talking about getting a home loan with a 580 credit score with 3 1/2 percent down for 30 years with a debt to income ratio of 57%!

  • @nils704
    @nils704 Рік тому +3

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

  • @FREISTUDIOS
    @FREISTUDIOS Рік тому +3

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

  • @andiclemenza6476
    @andiclemenza6476 Рік тому +13

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

  • @Untold8065
    @Untold8065 Рік тому +29

    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!!

  • @MikeThePike316
    @MikeThePike316 Рік тому +89

    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.

  • @JimmyMiller31
    @JimmyMiller31 Рік тому +43

    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.

  • @ashwinisuresh2303
    @ashwinisuresh2303 Рік тому +91

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

    • @GeorgeKamel
      @GeorgeKamel  Рік тому +8

      Aw thanks Ashwini!

    • @pricecampbell3956
      @pricecampbell3956 Рік тому +4

      @@GeorgeKamel hey George so glad you got a UA-cam channel for yourself

  • @margie909
    @margie909 Рік тому +38

    It has been such a joy to watch you go from the UA-cam 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
      @GeorgeKamel  Рік тому +5

      That is so sweet, thanks Margie!!

  • @SevenFortyOne
    @SevenFortyOne Рік тому +1

    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.

  • @asifafzal7372
    @asifafzal7372 Рік тому +2

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

  • @RyanDaRaider
    @RyanDaRaider Рік тому +11

    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
      @RyanDaRaider Рік тому +3

      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
      @MikeThePike316 Рік тому +3

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

    • @EAAAA1505
      @EAAAA1505 Рік тому +1

      @@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
      @RyanDaRaider Рік тому +2

      @@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.

  • @andrewdempsey3979
    @andrewdempsey3979 Рік тому +8

    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.

  • @AnolThrift
    @AnolThrift Рік тому +17

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

  • @louisedowling
    @louisedowling Рік тому +8

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

  • @BrittNPD
    @BrittNPD Рік тому +3

    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 🎉

  • @stevengtv
    @stevengtv Рік тому +3

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

  • @bettedavis9261
    @bettedavis9261 Рік тому +6

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

  • @chadeburns
    @chadeburns Рік тому +20

    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
      @GeorgeKamel  Рік тому +3

      Heck yeah! Way to go!

    • @itchyisvegeta
      @itchyisvegeta Рік тому +7

      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.

  • @ses-ei7oc
    @ses-ei7oc Рік тому +3

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

  • @bethanyk2425
    @bethanyk2425 Рік тому +6

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

    • @GeorgeKamel
      @GeorgeKamel  Рік тому

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

  • @av-lz5db
    @av-lz5db Рік тому +8

    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.

  • @sharondube1101
    @sharondube1101 Рік тому +9

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

  • @MaryleeMadden-Bost
    @MaryleeMadden-Bost Рік тому +7

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

  • @vbb8948
    @vbb8948 Рік тому +2

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

  • @adriennee.giordano4996
    @adriennee.giordano4996 Рік тому +1

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

  • @tamaradebose
    @tamaradebose 8 місяців тому

    George, you’re definitely one of my favorites. Heard of Ramsey for years but just started watching/listening to his show. You and Jade are my favorites together.

  • @jonsmith9728
    @jonsmith9728 Рік тому +3

    Awesome start George, heard you were starting this new channel from Rachels show, best of luck, really hope this takes off

  • @ambivertical
    @ambivertical Рік тому +5

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

  • @arii-64
    @arii-64 Рік тому +6

    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!!

  • @francinelarsen3303
    @francinelarsen3303 Рік тому +6

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

  • @ronr.9203
    @ronr.9203 Рік тому +2

    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.

  • @cakedupkevin
    @cakedupkevin Рік тому +5

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

  • @sudokuboy9
    @sudokuboy9 Рік тому +3

    We went through manual underwriting and it was honestly pretty easily. The toughest part was freeing ourselves up for those 3-ways calls between your mortgage company and your cable company haha.

  • @carnivore_princess
    @carnivore_princess Рік тому +2

    Hi George! Congratulations on the new UA-cam channel! You're my favorite personality!

  • @cindyslone4265
    @cindyslone4265 Рік тому +1

    Consultations on your podcast!! I am so happy for you!!

  • @gp7813
    @gp7813 Рік тому +1

    You're my favorite, George. Congrats on your new show.

  • @laurenmarie1951
    @laurenmarie1951 Рік тому +2

    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!!

  • @brendareece6796
    @brendareece6796 Рік тому +1

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

  • @pgdark1946
    @pgdark1946 Рік тому +2

    Thanks George. Always enjoy listening to you on the Ramsey podcast. One of the better hosts....

  • @_sambfilms
    @_sambfilms Рік тому

    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!

  • @tiffanycorl
    @tiffanycorl Рік тому +1

    Congrats on the new channel! Will you be putting the old videos you used to do for the Ramsey Show on here? Like the money hacks. I often want to refer to them again and can’t find them. I’m really wanting to see the Chipotle one. 😊

  • @karisabronson84
    @karisabronson84 Рік тому +5

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

  • @ricehorn37
    @ricehorn37 Рік тому +6

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

  • @RitchieKingsley-ci9ml
    @RitchieKingsley-ci9ml Рік тому +2

    Awesome George ! Love listening to ya

  • @sarahbarrett9093
    @sarahbarrett9093 Рік тому +4

    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!

  • @gracechun2895
    @gracechun2895 Рік тому +1

    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.

  • @janellenicol3311
    @janellenicol3311 Рік тому +6

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

  • @kathyashworth9655
    @kathyashworth9655 Рік тому +5

    Hooray for you George--how often will there be epidsodes? Daily, weekly--your public wants to know! Again, congrats!

    • @GeorgeKamel
      @GeorgeKamel  Рік тому +4

      3 a week! Monday, Wednesday, Friday!

  • @joselunarealtor
    @joselunarealtor Рік тому +1

    Finally!!!! Yes ! Well done.
    This is whats up.
    Congratulations

  • @brookD1980
    @brookD1980 Рік тому +6

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

  • @USprotector
    @USprotector Рік тому +1

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

  • @FreeLancerTanzina-wp7ev
    @FreeLancerTanzina-wp7ev Рік тому +1

    wow, George!!! Man, I'm very proud of yo

  • @jersonjim3605
    @jersonjim3605 Рік тому +1

    So glad you're in UA-cam!

  • @RickSwartwood
    @RickSwartwood Рік тому +2

    New Subscriber! Thanx! Keep up the great work man! Love that you launched this! (Brand new to Dave Ramsey - Looking forward to this journey!)

  • @Roxyfull_
    @Roxyfull_ Рік тому +6

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

    • @GeorgeKamel
      @GeorgeKamel  Рік тому

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

    • @hallwest9650
      @hallwest9650 4 місяці тому

      Agreed George’s pod cast should be 25-30 minutes

  • @bellad1063
    @bellad1063 Рік тому +5

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

  • @great2bprincess
    @great2bprincess Рік тому +3

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

  • @thepinayminimalist
    @thepinayminimalist Рік тому +2

    I’ve been checking if you have your own youtube channel!!!! Glad you have one now 😊

  • @silverfoxproductions6923
    @silverfoxproductions6923 Рік тому +1

    Great stuff, George! It was great meeting you in San Antonio this past fall. God bless!

  • @karenkniffin2915
    @karenkniffin2915 Рік тому +1

    Great job, George! Been watching Ramsey for over a decade you are clearly the future of Ramsey Solutions! Not at all biased living here outside of Boston! :-)

  • @sippingtea4743
    @sippingtea4743 Рік тому +2

    Excellent! My favorite personality

  • @tressalewis7004
    @tressalewis7004 Рік тому +1

    Love, love, love, love, love, love, George Kamel and this new show! Keep it up George😊

  • @iabbervocium
    @iabbervocium Рік тому +3

    Great job George! Love the new channel

  • @aldosalas842
    @aldosalas842 Рік тому +8

    I love the public interviews!

  • @inspiredbypod
    @inspiredbypod Рік тому +3

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

  • @thomasfradd2034
    @thomasfradd2034 Рік тому +5

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

  • @alliboyd6346
    @alliboyd6346 Рік тому +2

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

  • @kckuc310
    @kckuc310 Рік тому +1

    Hey love the weird Beard episode! Give it another chance and watch again, it hilarious!

  • @daveplc
    @daveplc Рік тому +6

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

  • @shellygoncalves3056
    @shellygoncalves3056 Рік тому +1

    “Believing my own ABILITY” This saying is amazing!!! New mantra!

  • @NatalieLong-be6bo
    @NatalieLong-be6bo Рік тому +1

    Totally killed it! So excited for this new Ramsey show!

  • @heatherhilbert
    @heatherhilbert Рік тому +1

    Was hoping for more info not taught on the Ramsey show. Ie manual underwriting rates vs credit score rates. Or can you get a better rate using manual underwriting if your score is low. George and presentation overall were good. Want more detailed content though

  • @frankminer4061
    @frankminer4061 Рік тому +1

    George, love love your channel. Could you please post your new shows on podcasts? Thank you!! 👍🏻👍🏻

  • @CoachSteveMoney
    @CoachSteveMoney Рік тому +8

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

    • @GeorgeKamel
      @GeorgeKamel  Рік тому +1

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

  • @mariavittar6290
    @mariavittar6290 Рік тому +1

    I really like that I can see your style and your own ways in this channel. All the best! Looking forward to more great content

  • @nomafmaroga6827
    @nomafmaroga6827 Рік тому +1

    I have been waiting for this since you joined the personality team. Well done, bro. We love you in South Africa 🇿🇦 😂

  • @MatttChilton
    @MatttChilton Рік тому +6

    KAMEL HAS A CHANNEL! Amazing way to start my week

  • @rayb6852
    @rayb6852 Рік тому +2

    Congrats George you deserve it

  • @tulioherewego
    @tulioherewego Рік тому +1

    Finally!! I’m so glad for George Kamel it took you too long to get ur own Channel. You are a success wish you The Best of luck..

    • @GeorgeKamel
      @GeorgeKamel  Рік тому

      That’s so kind 🥹 Thanks Tulio!

  • @LoranBriggs
    @LoranBriggs Рік тому +1

    I'm pretty sure EVERY mortgage is does this anyway. Only using the credit score is for small amounts of financing like credit cards. Any loan of a significant amount will require an underwriter. Score helps with rates but isn't the deciding factor alone when an underwriter is involved.

  • @danielawerner6558
    @danielawerner6558 Рік тому +2

    Great money advice AND a great sense of humor. This show is a winner.

  • @ellendunlap6499
    @ellendunlap6499 Рік тому +3

    Love the touches of humor with all the content!!

  • @andresc1220
    @andresc1220 Рік тому +6

    Just liked and subscribed!

  • @rutyael18
    @rutyael18 Рік тому +2

    Great video. Don't live in the US even so I am learning from thr Ramsey team. ❤

  • @flashthecorgi2053
    @flashthecorgi2053 Рік тому +10

    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 😂🤪

  • @fearlessfly100
    @fearlessfly100 Рік тому

    Ferris here......George you have given me the push to buy a house without a credit score ......I watch you and Dave Ramsey pretty much religiously......I'm working on increasing my income and decreasing my bills to pay off my debt as quick as possible to achieve that goal when the time is right......I'm putting my journey on my channel as well on how I'm increasing my income and decreasing my bills....it's not what you might ordanairly think...let's just say I'm making huge and drastic changes and literally living on rice and beans.....I have many questions...... I know I'll have great answers from great people like you and your colleagues......can't wait to see more ...😁