How much of 401k can be used for income for mortgage?

I'm currently about 3 months behind on my mortgage payment. I've started a new job about a year ago and am trying to make ends meet. This current job has a separate 401k plan, and I still have funds from my last job in a 401k that is less than $7,000. Would it be worth it to withdraw from my...

I am 56 Female who has worked for the same co. For 30 yrs. I have had my townhome on the market now for 1 year. I want to sell but the value of my home has declined over $50,000. In the last 2 years. My townhome is currently valued at about 235,000. Which happens to be close to what I owe. ...

My wife may be losing her job and the prospects for another are rather bleak in this economy. She currently has about $150,000 in a 401k. We currently owe $52,000 on a $350,000 home with 4.5 more years at $1,125 per month. Does it make any sense to take a lump sum payout as a hardship and pay off...

We have over 500K in 401K and IRA's. We are over 60. We also have 300K in CD savings; our income is 60K annually. We would like to purchase a 500K second house, put down 270K in cash and borrow 239K as a 15 year mortgage. I'd like to use one 220K retirement account to pay that mortgage. ...

I have about $40,000 in a line of credit on my house @ 8.0% variable. I am 68. Should I use $40K of my $250,000 401 K money to pay off this line of credit? Then use the money I am paying on the loan (about $400 per month) to rebuild the 401 K?