Will trading in my car and getting a new one jeopardize my in progress mortgage?
Here’s my situation. I’m trying to figure out if this would be ‘ok’ ‘horrible’ or ‘not make a difference.’ I am buying the home I am renting. I am getting a VA loan. The owners and I have signed a sales agreement. I am pre approved for a loan and locked in at the interest rate. My credit has been pulled and the house has been appraised(it appraised for exactly the sale price) id like to trade in my car and get a new one. The car I want will be about 150 more a month. My loans done all, but the underwritting. The car loan shouldn’t be on my credit report, but is there anyway it could mess up my underwritting, interest rate, etc. Thanks everyone.