Using Retirement Funds to Buy a House: What You Need to Know
Using retirement funds to buy a house will likely lead to penalties and a larger tax bill. It can also reduce your account's future earning potential.
May 16, 2025 10 min read
Using retirement funds to buy a house will likely lead to penalties and a larger tax bill. It can also reduce your account's future earning potential.
USDA guidelines set waiting periods for obtaining a mortgage following adverse credit events such as bankruptcy, foreclosure, and short sales. However, compensating factors and proof of extenuating circumstances may help you qualify sooner.
It's possible to leverage crypto for a down payment on a traditional mortgage, but plan your steps carefully.
Crypto mortgages are a new type of mortgage where the crypto is the collateral, not the house. Those with large holdings could become homeowners.
Manufactured homes are typically more affordable than traditional homes. But first you have to pass the appraisal process.
It's a popular idea: Buy land in the country and build your dream house. What are the practical steps, and is it even possible?
A down payment shouldn't be determined simply by how much you have (or don't have) saved. A seasoned loan officer describes how he advises his clients.
Title insurance can feel like an overpriced, unnecessary add-on at closing—but in a housing market full of hidden risks, it might just be your best protection against a costly legal headache. While not everyone needs it, this one-time policy can serve as a safety net if an unexpected claim ever threatens your ownership.
Lender credits can help pay closing costs, but the help isn’t free. The buyer still pays closing costs in the form of a higher monthly payment throughout the life of the loan.
Thinking about refinancing your mortgage? This guide breaks down the potential benefits, drawbacks, and alternatives so you can decide whether refinancing is the right move for your financial goals.
