Should I buy a home in next three months or wait another yr or longer?

My bank told me they will approve a mortgage loan for me next in January. But I don't have extra funds saved up for closing cost, not to much worried cause I can use my taxes for that. I have two cars through my bank and will be done paying one of them off by then. I have an old debt on my credit report bank said as long as I was making payments I would still be approved. But my question is should I wait until both of my cars are paid off before I purchase a home

Read more: Should I buy a home in next three months or wait another yr or longer?