I'm about to buy a car. I am willing and comfortably able to pay cash for the car. But I also want to refinance my mortgage in the near future, and it suddenly occurred to me that maybe that should come before the car purchase. The problem is, I need a car very soon. So…
If I buy the car with cash, will it mess up my future refinance in terms of not getting the lowest rate? Or… If I start the refinance process right away, and buy the car with cash while the lender is doing what they need to do, will *that* affect the refi process?
My credit score is excellent.
Read more: If I buy a car with cash before or during a mortgage refinance, will it affect the refi?