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Need advice on getting a car loan while having a house in my name.
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Hey guys and gals,
I recently purchased a home with an FHA Loan in my name. I am 25, a medical researcher with an intro job of about. 2000 a month. However, my parents pay for the home that I bought. When I go to buy a car which I am looking to finance 26000, will they ever approve me? How do I show that although the house is under my name my parents pay for it.? I have above a 700 credit and am willing to put down 5,000 on a car with 31,000. Do I even have to worry about the house with the former statements?

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Posted
11 years ago