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Retirement Funds, 401K, & IRA Accounts: Their Use in Real Estate Purchases
Are you thinking of using funds from your retirement funds, 401K and IRA Accounts. What are your options? Have you talked to your administrator about your options and any issues?  Read this really informative post regarding using such fund or other options you might want to look at!
Thank you to Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi 
for sharing such good information with us!!
 
 
Retirement Funds, 401K, & IRA Accounts:
Their Use in Real Estate Purchases
 
There are several ways buyers can "fund" their home or investment property purchase beyond those funds they've built up via their savings accounts ...
 
As a potential home buyer, it's always important to discover and thoroughly investigate all options at your disposal.  Finding and working with a good loan officer makes a big difference in this regard.  
 
An experienced knowledgeable LO will do their homework and then present you with a menu of available options. Then they'll help you weigh the pros and cons of each as they pertain to you and your future plans.  
 
Now it's important to first point out: 
"Low or NO Down Payment" mortgage programs exist.  And they certainly can help ease the need for large savings and down ... more

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