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Mortgage Community Forums | Budgeting and Personal Finance | Use of IRA funds to refinance house

Use of IRA funds to refinance house

Posted on: 01st May, 2009 01:18 pm
I need about $20, 000 from my IRA to go towards closing costs and to bring me to a 10% ownership in my house in order to qualify for a VA Loan refinance. Can I use IRA money to do that without incurring a penalty?
you'll always be penalized to use ira funds unless you're retirement age.
gmakerley
Posted on: 01st May, 2009 02:35 pm

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Realgeni
Posted on: 01st May, 2009 02:39 pm
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