So your best bet is to buy without her at this time or wait and begin the credit rebuilding process.
Best of luck to you.
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My advice is always check with a mortgage speciliast to see how to get the fiance's score up and work on getting it up before you attempt at making a purchase. You do not have to be married to buy property together. What they look at is a laundry list of things besides just income such as savings and debts.
If you were married, the spouse could occupy and you could move back whenever.
Shirley's answer is wrong. They will not use your score.
They will use the lowest midscore between the two borrowers.
you have 700 - 720 - 730
and coborrower has 540 - 550 - 560
550 is the qualifying score.
The above scenario is mute since you aren't married.
If you got her score to 600 - 620 then she could buy with you as a non-occupying co-borrower.
above is an article about that program.
Have her get me a credit report. AFTER reading the book. I can try and help you after that
She has one credit card with a low limit, no other credit.
I make over 100k but because I'm considered single and living/working over seas no one wanted to finance me but they did for an investment property.
Read the free e-book I have linked above and get me a copy of her credit report. I will see if I can identify some things she can improve on to raise the scores.
Do you need her income to qualify? Or do you just want to protect her interest/investment in the property?
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