This might be a good way to come up with a down payment.

 Check out our website for links to many of the organizations that help people get into homes of their own. Spending time (and money) applying to lenders who do not work with credit blemishes will accomplish nothing. Also it gives you extra income to save for a down payment or pay off debts and fix your credit. Often close relatives or friends will help someone they care about who is in need.And if you can show that you have saved the money over a period of time, instead of borrowing it, it looks even better to some lenders. The increase in salary may be enough to qualify you for a loan. 

 Be ready to tell them how you will be able to pay this loan back. Have your bank account and credit card account numbers and financial information ready to show them.Other sources, available online, such as Lending Tree, have a large network of lenders nationwide, including those who have experience in dealing with credit problems.Have a Home TelephoneIf you have a telephone in your home and in your name, it helps increase your chances of getting a loan.Start a small home business to bring in extra income. This can just be for a while. Have you seen a copy of your credit report lately? You are entitled to a free copy of your credit report if you have been denied credit, employment, or insurance within the last flat cable 60 days. Lenders worry about people who don't have a home phone.Show That You Have Good CharacterBanks and lenders want to know that you are dependable and reliable.

 I know that today a lot of people today use their cellular phones as their home phone, but a land-line still looks better.It will help if you have someone you know write you a financial letter of reference, such as someone whom you borrowed money from and who you paid the money back to.Be ready to show them any sources of credit you may have that may not be on your credit history, such as paying the cable or cellular bills regularly. More and more lenders are looking at people with less-than-perfect credit. Be careful there-- a small business can be costly to start and run, and may not bring in much income for a while.Live in One Place for a WhileAgain, banks want to see that you have some stability. If you were denied because of credit, the company should give you notice and give you the contact information for the credit bureau.Ask For HelpAsk for help from your church, synagogue or other nonprofit organization. (See "The 30/70 Rule" in the next chapter. If this method sounds likely for you, try talking to a reputable home loan consultant, and see what your chances are. It shows stability and roots, at least to a bank. Not all lenders ask where you got the money, so if you did save it, be sure to point that out. You don't need a credit repair organization to do this.Have a Good-sized Down PaymentThe larger the down payment, the better your chances will be to get a loan. It may save you a lot of work, and it opens up more possibilities for home purchases and help from real estate agents.Some of the things banks will consider for collateral are:StocksBondsGold and precious metalsOther Real Estate, such as landVehiclesFurnitureCollectablesHave a Relative or Friend Co-sign the LoanThis is a time-honored way of getting a home..

 This might be a good way to come up with a down payment. If you have just moved, show that you lived somewhere before this for at least 6 months (and hopefully several years). You can refinance later, after showing how you reliable you are making your monthly payments. Even information about a loan from a relative or friend that was paid back in installments and on time will help.Increase Your IncomeGet a second job. Request an investigation of information in your file that you dispute as inaccurate or incomplete. But it works for many people. Check your state laws on the subject. There is no charge for this. Use Any Collateral You May Have For a Personal LoanMaybe you have something of value that you can use for collateral for a personal loan. Sometimes all it takes is to ask.No one can legally remove accurate negative information from a credit report (no matter what those ads say) but you can dispute mistakes or outdated items for free.Can You Fix Your Credit Report?You might find that your credit is easier to fix than you supposed. If you have local sources that you know will consider such loans, take advantage of them.Here are a few suggestions to get mortgage companies to look at you. You can also get someone else to buy the house for you and later be added to the mortgage and quit-claimed to the deed.You might be surprised to find that there are ways you can get conventional financing, even though you never thought you would be able to.Before you give up on the idea that you will never be able to get a home equity loan because of your bad credit, first be sure you can't get one.Look into Special Loans for Bad CreditConcentrate on those lenders who specialize in working with those who have had credit problems. It helps if you have lived in one place for at least 6 months. Some government programs and organizations will help you with financing or other housing options. Weigh the risks and advantages. Do your research before you start. Show this when you talk to them by showing up to meetings on time, dressing nicely, and having your information organized. Usually the interest rates are higher than average, but you get into a house. Everything a credit repair clinic cando for you legally, you can do for yourself at little or no cost.) The more money down, the happier the bank is to work with you. This would be one of the easiest ways to get into a house. Ask the credit-reporting agency for a dispute form or submit your dispute in writing, along with copies of any supporting documentation