While buying a house with no credit is possible, a lender may require more documentation and cash reserves. For example, the Department of Housing (HUD) requires applicants who apply for an FHA loan with little to no credit history to have at least two months of cash reserves.
In addition, you have to provide documentation that you’ve paid bills on time that aren’t usually reported to the major credit bureaus, such as utility bills, rent payments, phone bill and your internet bill.