Established Member
Elcid89
Posts: 400
Registered: ‎10-04-2012
Re: Underwater mortgage & seeking advice.

It's somewhat of a nuclear option, but you are allowed to borrow from your 401(k) for a home purchase, and at a very low rate (my 401k offers loans at 1.25%). That may give you the cushion you need to buy your way out of the current mess.

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