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Agent - Success Stories

Found 1 blog entry about Agent - Success Stories.

Planning to buy a home sometime soon? It’s an expensive proposition, and if you need help coming up with a down payment, it’s important to know which sources you can tap to make your home-buying dreams come true. Here are four ways to borrow a down payment.

1. 401(k) retirement plans or liquid assets

Many 401(k) plans have special borrowing provisions that allow you to repay the amount borrowed with preferential terms. Some 401(k) plans even allow you to avoid penalties buying a primary home, while others have fewer restrictions for first-time homebuyers (defined as someone who hasn’t owned a home in the past 36 months). Every 401(k) plan is different so check for details with your Human Resources department. Additionally, if you have liquid

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