Even if you have bad credit, there are ways to borrow money from financial institutions that do not have stringent rules and regulations as far as credit scores are concerned.
If the property is not being purchased at the time of borrowing, this information may not be available.
People who have bad credit scores can apply for sub-prime home loan instead of the typical Prime Loans.
Since the risk is transferred to the borrower, the initial interest rate may be, for example, 0.