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“I can’t stress enough that you let your real estate agent and lender know if you plan to use 401(k) funds for the down payment or closing costs,” said Bill Rozek, a senior loan officer with Embrace.
Zero-down home loans are back. Be very leery. – The notion of buying a home with no money down is understandably alluring. But what looks sexy in a lender’s advertisement does not always translate into what is best for your financial well-being..
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VA loan myths: Why no down payment’ doesn’t mean no money needed’ – While using a VA-backed loan may save current and former service members from fronting tens of thousands of dollars as a down payment for their new. you don’t need ANY money to buy a home,” said.
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