Should You Use 401k Money for a Down Payment? (Real Estate - Houses, Properties for Sale)

Item ID 15488072 in Category: Real Estate - Houses, Properties for Sale

Should You Use 401k Money for a Down Payment?


Getting a 401k loan is one way to get additional money toward a down payment. It’s a lump sum of money that is already yours -- not the bank’s! It’s understandable if you may be wary of using any retirement funds for anything other than retirement. However, it’s worth evaluating the long-term pros and cons of borrowing this money if you want to buy a home sooner than later.

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Target State: Florida
Target City : Florida
Last Update : Dec 26, 2023 11:47 PM
Number of Views: 113
Item  Owner  : Alee Douglass
Contact Email:
Contact Phone: (727) 330-5305

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2024-12-18 (0.224 sec)