Purchasing a car before Mortgage hits credit?

[JeimyGirl]

Hello,

I asked this earlier, but my question changed a bit I believe. I recently purchased my first home (July 2010). I was involved in a car accident on 8-13-2010. I was t-boned with a total loss to my car. I am now car-less and carpooling. This wont last very long because I have 2 children in car seats so I want to purchase a car. My question is, should I purchase soon before my mortgage hits my credit (I know it hasn't yet) so my debt/income ratio doesn't get worse or would the mortgage increase my score?

All I currently have on my credit:
recently paid off car loan (as of this month)
no balance on credit cards (with late payments in 2007)
recently paid off "credit re builder loan" (as of last month)
No other debts

Thanks!

[chane]

You should be able to get a car loan now. I would just apply, you should get it.