Like a car loan on a new mortgage?

In: Mortgage Loan

8 Oct 2010

I am currently on the market now, my first home. I was hoping that my car a few years and get a new after buying a house. Now it seems that I may need a new earlier than expected. Take a car loan from 3 years ago my credit rating sufficient to inflate a mortgage?

Also, I currently have no debt and have a high credit rating.

Do not buy another car until you buy your home. Take major purchase would adversely affect your credit score and loan amount you may be entitled.

Do you want your payments current as low as possible, including credit card debt. Add a car payment before buying a house you can on the location, the property you really want to avoid getting.



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