Moderator Emeritus
Posts: 32,863
Registered: ‎08-04-2007
Re: Help will be applying for a mortgage soon

creditwatcher2012 wrote:

also why should i delay the car purchase?

The main reason is that it'll cut into your DTI if you finance the car and that'll for sure lower your purchasing power. Depending on when you buy, your FICO score could still see some damage when you apply for the mortgage. IME, new accounts dinged me for up to a year.