How to get a loan to buy a house if your credit is not good

How can I get a loan to buy a house if I have bad credit? Analysis and solutions of hot topics in 10 days

Recently, the topic of "how to apply for a mortgage with bad credit" has sparked heated discussions on major social platforms and financial forums. With the adjustment of real estate policies and the tightening of financial supervision, many home buyers are facing loan difficulties due to credit problems. This article will provide you with structured analysis and practical suggestions based on hotspot data from the entire network in the past 10 days.

1. Statistics of hot topics in the past 10 days

2. 5 common types of bad credit reports

3. Six feasible solutions

1.Improve credit reporting foundation: Immediately settle overdue debts and maintain good records for 6-12 months. Recent hot searches show that 62% of banks will refer to the repayment performance in the past year.

2.Secured Loan Program: Looking for immediate family members with good credit as co-borrowers can increase the approval rate by about 40%. A popular Douyin video mentioned that some rural commercial banks are relatively lenient towards this type of business.

3.Collateral appreciation plan: Provide additional collateral (such as vehicles, financial products), Weibo topic discussions show that the success rate of this method increases by 35%.

4.Special channel for commercial banks: Some city commercial banks have special products for customers with defective credit reports, which require proof of income flow (more than twice the monthly payment). Zhihu’s highly praised answer recommended 5 relevant banks.

5.Developer cooperation loan: Among popular real estate promotions, 28% offer the "down payment installment + developer guarantee" model, but the interest rate usually rises by 20-30%.

6.Provident Fund Supplementary Plan: If the provident fund payment reaches the standard, you can try a combination loan. Baidu search data shows that provident fund loans have relatively loose credit requirements.

4. Three major risk warnings

5. Latest recommendations from professional organizations

According to the latest "Personal Credit Report Management Guidelines" issued by the People's Bank of China, it is recommended that those with poor credit reports:

1. Prioritize processing of current overdue items. The new version of the credit reporting system will display the "settled" status to reduce the impact.

2. Obtain a personal credit report before applying for a loan (2 free opportunities per year), the popular tutorial on Douyin has over 5 million views

3. When choosing a loan product, compare the credit tolerances of different banks. The comparison table of bank credit policies in 2023 compiled by Zhihu’s professional respondent received 100,000+ collections

4. Consult formal financial institutions when necessary, and avoid trusting propaganda such as "internal channels". The Weibo Anti-Fraud Center has recently flagged more than 1,700 related false advertisements.

Through the above structured analysis and data support, even if there are flaws in your credit report, there are still multiple compliance ways to realize your dream of buying a house. The key is to plan ahead, choose rationally, and continue to maintain your credit history.