Cory Thompson

Mid America Mortgage, Inc.

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Cory Thompson April 30, 2025

Should You Use a 401(k) for a Down Payment?

Buying a home is a major financial milestone, and saving for a down payment can be one of the biggest challenges. If you’re struggling to gather the necessary funds, you might be considering using your 401(k) retirement savings to cover the cost. While this option is available, it’s essential to weigh the potential benefits and risks before making a decision.

Filed Under: Mortgage Tips Tagged With: 401k Loans, Down Payment, Mortgages

Cory Thompson

Cory Thompson


Mortgage Loan Originator
Mobile 832.347.1855
Office 281.218.0505

NMLS ID 225056

Legend Lending

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