Frequently Asked Questions

What will be required if I withdraw money from a 401(K) account for my down payment?

If you’ll be withdrawing funds from a 401(K) or retirement account to fund your down payment, we’ll ask you to provide evidence that you have the funds available by providing a recent statement. If this would result in a loan against your 401(K), we will not count that debt against you in your debt-to-income ratio.

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