Buying A Home
Using Retirement Funds To Buy A House In Oakland
Is the rising cost of real estate endangering your dream of owning a home? There can be many obstacles to home ownership, and perhaps the most common one is the large down payment required upfront. Are you trying to avoid paying for mortgage insurance? If so, you will need to save 20% of the purchase price for a down payment. Are you trying to get an FHA loan because it allows for a lower down payment than a traditional (non-government) loan? If so, FHA loans require the home you’re purchasing to be your main residence and you must provide proof
