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Hi, Im buying my first home and will be using a rollover IRA to cover my closing costs. Funds are from my previous employers 401k and have been in the IRA account about a year and half.
My question is should I move the funds to my personal checkingsavings account now or transfer the finds right before the closing date in mid-July. Im still confirming a lender and may check one or two more to compare ratesfees. If they needed a purchase contract for that specific address, theyll likely need one for the new property. There may also be a time limit to apply the funds to a home purchase, which you may want to discuss with the 401k company to ensure you complete everything personal loan promotion 2016 malaysia time.
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