Being a defaulter is not considered as a good sign in the eyes of banks and other lending institutions. If you are a consistent defaulter, then banks and financial institutions will be less likely to grant any kind of loans to you. Having said this, following criteria might play a crucial role in case of past defaulters, though perhaps on strict repayment terms:

High income – lender might be willing to lend to defaulter who has a good, stable source of income

Collateral – since the home/property purchased is held as security with the lender, they might be willing to lend to you

Spouse’s Credit Score – if you have a spouse who has a good credit history, you might want to consider adding your spouse as a co-applicant. His/her credit score and profile will be taken into account and could add to your eligibility.