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A scenario where an individual does not have a FICO score can arise for various reasons, such as being new to credit or having limited credit history. In these cases, lenders often look at alternative measures to assess the eligibility for a mortgage.

One significant factor is the history of rental and utility payments. A consistent record of these payments shows financial responsibility and the ability to manage monthly obligations, which can positively influence a lender's decision.

Additionally, the amount of the down payment and the individual’s employment history are crucial aspects. A larger down payment may signify a commitment to the property and reduce the lender's risk, while a stable employment history reflects a reliable income source, indicating the applicant's ability to repay the mortgage.

By combining these factors—rental and utility payment history alongside down payment amounts and employment stability—lenders can form a comprehensive picture of the applicant's financial reliability. Thus, in the absence of a FICO score, these alternative qualifications collectively support the possibility of obtaining a mortgage.