I am planning to buy a home but need to buy a new car right away. I could either pay 100% cash for the car or finance it. I have a good credit score, ~790, and no debt at this point. If I finance I finance the car buy could that jeopordize my chances to qualify for a home loan?
Could financing a new car purchase, rather than paying 100% cash, ruin one's ability to get a home loan?
- Thread starter Bluestar
- Start date