No Credit, No Problem! How to Start Building Credit from Scratch

Looking to build credit from scratch or recover from past mistakes? Whether you're a first-time homebuyer, going through a divorce, or simply trying to reestablish your credit, this video will walk you through exactly how to build or rebuild credit in 2025. 📌 In this episode, Brent Rasmussen covers: ✔️ How credit scores are calculated ✔️ Best way to establish credit with no history ✔️ What a secured credit card is and why it’s effective ✔️ How to become an authorized user ✔️ Why credit matters beyond mortgages: insurance, jobs & more ✔️ Common mistakes to avoid when opening accounts ✔️ The risks of co-signing loans ✔️ How long it takes to build a solid score ✔️ Rent, utilities, and Experian Boost – do they help? ✔️ Credit tips for teens & young adults in Nebraska ✔️ What to do if you’ve had past credit problems ✅ Key Takeaway: Start building your credit the right way by using a secured credit card, keeping balances low, and always paying on time. Avoid unnecessary inquiries and know that credit takes time—6 to 12 months to see results, 24+ months to hit excellent scores. 📲 Have questions or need help rebuilding credit before buying a home? Call us at 402-991-5153 Visit: mtg-specialists.com 👍 Like & Subscribe for more weekly tips from Mortgage Matters in Minutes #buildcredit #StartCredit #CreditTips2025 #MortgageMattersInMinutes #brentrasmussen #mortgagespecialists #CreditScoreHelp #firsttimehomebuyertips #securedcreditcard #rebuildingcredit ☑️ Have mortgage questions? Choose the time that works best for you to chat: https://calendly.com/mortgage-specialists-omaha ☑️ Ready to get preapproved? https://mtg-specialists.com/online-application/ ☑️ Call our office: 402-991-5153 ☑️ Blogs: https://mtg-specialists.com/blog/ ☑️ Google Reviews: https://tinyurl.com/55zft5ef Follow us! Facebook - www.facebook.com/mortgagespecialists Instagram - www.instagram.com/mortgagespecialistsomaha/?hl=en Twitter - www.twitter.com/MTGSpecialists Timestamps for MMM 177: No Credit, No Problem! How to Start Building Credit from Scratch 0:00 - Intro 1:42 - What makes up Credit Score? 2:28 - How to Start Building Credit 4:27 - Making Payments on Time 6:32 - Cosigning, Early Paychecks, and Closing Accounts 7:37 - How Long it takes to Build Credit 8:30 - Credit and Mortgage Lending 9:12 - Conclusion 9:39 - Outro Mortgage Matters in Minutes Episode 177: No Credit, No Problem! How to Start Building Credit from Scratch Licensing info: Brent Rasmussen, NMLS 5918 at Mortgage Specialists, LLC NMLS 2424 For licensing, go to www.nmlsconsumeraccess.org Address: 8420 W Dodge Road #113, Omaha, NE 68114 Equal Housing Lender Website: mtg-specialists.com Applicant subject to credit and underwriting approval. Restrictions may apply, contact Mortgage Specialists, LLC for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Mortgage Specialists, LLC does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Mortgage Specialists, LLC. Mortgage Specialists, LLC and its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Mortgage Specialists, LLC is a limited liability company organized under the laws of the State of Nebraska. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. Mortgage Matters in Minutes Episode 177: No Credit, No Problem! How to Start Building Credit from Scratch