06/07/2026
That brand new car in the driveway might be costing you your dream home. 😬
Here is something a lot of buyers do not hear until it is too late. When you finance a new car before or during the home buying process, it changes your debt to income ratio, and that can shrink your purchasing power or even disqualify you for a mortgage completely. Your lender is watching every financial move you make from pre-approval all the way to closing day. A new car payment might feel harmless but to an underwriter it is a red flag. If you are serious about buying a home in Arizona, protect your credit profile and hold off on any big purchases until after you have the keys in your hand.
💬 Has your lender ever had to have this conversation with you? Drop it in the comments.
By The Laughton Team with My Home Group
