Should You Use 401k Money for a Down Payment?— Alee Douglass Getting a 401k loan is one way to get additional money toward a down payment. It’s a lump sum of money that is already yours -- not the bank’s! It’s understandable if you may be wary of using any retirement funds for anything other than retirement. However, it’s worth evaluating the long-term pros and cons of borrowing this money if you want to buy a home sooner than later. https://www.aleedouglass.com/blog/should-you-use-401k-money-for-a-down-payment #AleeDouglass #AleeDouglassRealEstateBroker #AleeDouglassBrokerAssociate #AleeDouglassRealEstateAdvisor #AleeDouglassPremierSotheby'sInternationalRealty