Did you know you can use part of your retirement funds as a down payment to avoid paying the expensive mortgage insurance?
This is a loan and has to be paid back. Check with your retirement fund manager to find out how much you can borrow. There is no tax penalty or taxable income because it is a loan. You will have to pay interest and pay back the loan. Then the funds go back into your retirement fund.
Just another way to make your home purchase affordable.
Then call me to find your dream home.