Re: Can savings come from 401k? or must be from "savings" account?
01-16-2013 06:24 PM
I am in process of closing now - but my lender was fine with downpayment and/or closing costs being covered by my 401k - however they also required 3 months reserves in addition & that could not come from my 401k. Pretty sure that might vary by lender though.
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