Refinancing house bought car bank said no go on finance but show acct will it affect refinance?

Arlean
First they said no deal.I was going to pay cash. Now they show deal went through. I signed the contract but was denied. Now mortgage co. is asking what's up.

Ngan
Call the financing company which was going to give you the car financing and ask them. Also go to the dealership with your credit report in hand and ask them whats up as well because you paid for a car and you are not driving it. Funny thing is they will probably try to sell you another one. If you were going to pay cash for the car than why would they need to run your credit? Get the information from the mortgage company who pulled your credit and call the reporting company about the situation. Tip: During a refinance on a home or purchase of a home do not pull or purchase anything with new credit. Lenders dont like it and will deny your loan which in todays market means you lost a good interest rate.

Ruthanne
I think you need to read Dave Ramsey's book The Total Money Makeover. www.daveramsey.comGood Luck

Kenneth
I guess im having a hard time understanding your question... You are atttempting to refinance, and you then went to buy a car...The car loan was then denied??? Did you end up paying cash???If that is the case, then you need to have the car company remove it from your report...If you dont have the car, or the car loan then it should not report...If the bank is giving you problems, then it sounds like you need to start over, go to a new bank, AND MAKE SURE NOT TO PULL YOUR CREDIT AGAIN WHILE THE NEW MORTGAGE COMPANY IS PROCESSING YOUR LOAN!!My name is Jason Fry, and i work for Providential Bancorp, a nationwide mortgage lender... Feel free to give me a call at 312-264-6448, or email me at jasonf@providential.com..i would be happy to help!good luck!Jason Frylicensed mortgage originatorProvidential Bancorp