To put it simply, absolutely! To get a mortgage loan without a credit score, you must go through manual underwriting. If your application is flagged for "manual underwriting," it only means the underwriter needs more information from you before making a decision. This is done so that they can determine whether you have the financial means to repay a loan. Although it may take a little longer to have your Loan approved, the benefits of purchasing a house without taking on unnecessary debt are well worth the wait. Remember that there is a big difference between not having a credit score and having a poor credit score. To have debt is to have a bad credit score; to not have a credit score is to dislike debt.

Getting prequalified just requires a short discussion with a lender about your income, assets, and down payment. However, to obtain preapproved, your lender will need to confirm your financial data and submit your loan for preliminary underwriting. A preapproval requires more paperwork and effort, but it greatly strengthens your negotiating position when making an offer on a house.