Use this as a short-term solution to build history. 2. Save for a Significant Down Payment
You'll be less likely to end up "underwater" on the loan. 3. Prove Your Stability
Look for "Fresh Start" programs specifically designed for those with no ghost history. 5. Consider a Private Sale If financing feels too expensive, skip the bank entirely.
Lenders look for "Ability, Stability, and Willingness." Since you can't prove "Willingness" (credit history), double down on the other two. Bring your last three months of pay stubs.
They care about your income, not your credit score. The Con: Interest rates are higher than traditional banks.
