If your credit is bad, it is hard for you to get a large loan according to common sense. But there is a kind of loan, called non-performing credit mortgage loan, which solves this problem well. To some extent, this loan is easier to get than some car loans or credit card loans. If you want to obtain this loan, you need to prepare:

Your income certificate, including the income details of your salary and the tax statements you turned in, because a stable salary can prove your repayment ability.

If the relationship between you and your landlord is not very bad, I suggest you write a letter of recommendation to your landlord, which should indicate your character and proof that you paid the rent on time.

Leave some money to pay the down payment, even if the down payment is not too much, but this behavior at least shows that you have the awareness and preparation to pay back the money, which will make the lender trust you more.

If you have already saved a sum of money, the next step is to suggest you find some lenders specializing in non-performing loans, and then talk with them as much as possible to learn about the industry's inside story. This behavior can save you a lot of money, and when you become friends with them, you have more opportunities to obtain this loan, right?

Next, I will tell you the specific steps to apply for this loan:

The first step is to find the lenders of non-performing loans

As I said above, you should know more about this information in advance, and then contact different lenders. Finally, you should choose the lender that you think is the most reliable and you can get the most preferential.

Step 2 Fill in the application form

After you have selected a trustworthy lender, you can fill in some relevant forms and provide your own proof materials according to his requirements. If you want to be more reliable, you can attach a letter to the back of this form to explain why your credit will be bad. If there are some irresistible factors, it may save you some high interest rate loans. Please be sure to fill in this step truthfully, otherwise these information will be written into your contract. If there is any loophole in the contract later, you may suffer more losses and pay liquidated damages.

Step 3 Verify your information

After you fill in the above information, all your information will be verified by the lender. The more official and reliable the materials you provide, the faster the review will be, and you can get the loan faster.

Step 4 Repayment on time

If you have successfully applied for non-performing credit, please pay on time according to the contract, which is also a very good foreshadowing for your credit reconstruction. What you need to know is that if you do not pay on time or fail to settle the debt, you will lose the ownership of your house, which is not worth the loss. So the above is all I want to emphasize to you, please keep in mind.

（Writer：Lorik）