Combining income possible?

Yes you and your sister can buy the property together as a non owner investment property. The key will be finding a place where they will take her 630 credit score. You will likely need 20% for a down payment as well.

Yes, but lenders will price the loan based on the lowest Mid score of ALL borrowers.. so you will not get the best pricing.. Also, if you or your sister is going to live with your mother, then it can be purchased as owner occupied, otherwise it will have to be purchased as in investment, and with a 630 credit score, it's unlikely you will find anyone willing to lend to her under that scenario.. she will have to get her score up, ideally to 660 or above.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Yes you can buy it as an investment property( 20-25% down) as co buyers or if you mother has income you can purchase it as non-occupying co buyers ( 3.5 - 5% down)you will be qualified based on the combined income and at the lowest middle score. First thing I would do...get your sisters scores up. /It could be very simple or very complicated depending on your sisters credit history and report.feel free to contact me directly ( I am Federally chartered Bank and can lend in all US States.Ernesto- Sr. Mortgage Bankeremarez@thefederalsavingsbank.com

Sure we offer conventional financing with 20 percent down on a 620 score