If you’re purchasing a home, then you’re going to need a down payment.

Many home buyers are not aware that they are able to withdraw from their 401(k) to use for the down payment.

How much can you borrow?

• $50,000, or
• 50% of your 401(k) account balance

Disclaimer: We are not an accounting firm or financial advisor. Please consult a licensed professional for more details.

Do you have Damage from the Hurricane? Renters and Owners can receive a Loan to Buy a Home with No Down Payment.

Benefits of the Program:

• 100% Financing- No Money Down
• Flexible Closing Cost Payment Option
• Approved Condos can be Purchased
• Purchase in Any Parish or County
• You have up to ONE YEAR to Find Your Home

Eligibility:

• Renters and Owners Qualify to Buy
• Minimum Credit Score of 620
• Previous Residence (Owned or Rented) must have been located in Disaster Area and be damaged or destroyed
• Borrower to Provide proof of FEMA Claim and FEMA Number

Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds.

If you’re claiming the additional Child Tax Credit (CTC) or the Earned Income Tax Credit (EITC), the IRS cannot issue your refund before mid-February. An anti-fraud law requires the agency to use that additional time to review those returns to prevent refunds from being issued to scammers.

That means these families could be waiting until the first week of March before their refunds hits their bank accounts.

Where’s My Refund? Most refunds are issued with in 21 days.

TRACK YOUR REFUND