Hello just looking for some advice. I have done some research and I was under the general impression that if you are buying a new home to not have any new debts prior to applying for a mortgage.
Anyways I am looking to take out a second mortgage on my house to basically merge it with a line of credit I took to make a home improvement/remodel. Mostly to consolidate the payments and in the long run it is cheaper.
I am also looking to purchase a car that my payments would be in the 350-400 range.
I have a credit score of 795 on a bad day and 800 on a really good day.
If I buy this car would it be an issue for my mortgage or should I wait?
Submitted February 16, 2018 at 11:36AM by mike-120 http://ift.tt/2HmwDCM