Some first-time home buyers use their 401K to help with the fees associated with buying a house - such as down payments and closing costs. Is this the right choice? How do you access your 401K funds? Do you have to pay back the 401K loan?
In this episode, Ivan Simental NMLS# 1762746, discusses how to use your 401K to help buy your first home - from borrowing from your 401K to withdrawing your 401K.
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