Using Your 401k To Buy A House: The $380,000 Mistake - EP239

Podcast: The Educated HomeBuyer | First Time Home Buyer Tips, Mortgage Rates & Housing Market Updates · Josh Lewis & Jeb Smith | Real Estate, Mortgage & Housing Market Experts

Opublikowano: 2026-09-14

Should you use your 401(k) to buy a house? For first-time homebuyers struggling to save enough for a down payment and closing costs, your retirement account may be an option, but how you access that money can make a massive difference. In this episode, we break down how first-time homebuyers can use a 401(k), 403(b), TSP, traditional IRA, or Roth IRA when buying a home. We explain the difference between taking a 401(k) loan and making an early withdrawal, including the potential taxes, penalties, repayment requirements, and impact on your long-term retirement savings. We also walk through...