Valued Member
Posts: 39
Registered: ‎11-09-2012
Re: Can savings come from 401k? or must be from "savings" account?

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.

Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
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