Borrowing from Your Retirement Savings Plan for a Down Payment

Coming up with a down payment for a home can be a daunting task especially if the lender requires 20% down. However, if you have retirement savings plans such as a 401(k), a Roth IRA or a traditional IRA, you may be able to borrow against these plans in order to fulfill your down payment requirement.  Learn what the rules and risks are to borrowing from your retirement savings plans at http://bit.ly/AdRK8Z

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