: Wait until the mortgage is officially funded and you have the keys in hand. Some experts suggest waiting 30 days to let credit reports update, or even 6 months to gauge the true cost of your new home utilities and maintenance.
: Never apply for car financing between signing a house contract and the final closing. Lenders re-evaluate your credit right before funding; a new car loan can spike your Debt-to-Income (DTI) ratio and lead to a mortgage denial. buying a car after buying a house
Buying a car after buying a house is generally considered the correct order for major purchases because mortgage lenders have stricter requirements than auto lenders. : Wait until the mortgage is officially funded
: It typically takes about 5 months for a credit score to recover after taking out a mortgage as you establish a payment history. Financial Impact Checklist How The 'House Then The Car' Is Changing Black ... - Inman Lenders re-evaluate your credit right before funding; a