JAZMIN5778
May 11, 2009, 09:51 AM
My mother is looking to take out a loan from her 401k, approx 12K. I will be purchasing a home that she will be living in. She doesn't have good credit so the mortgage will be in my name and my sisters name. Her 12K would be put to help with the down payment. Her
401K is asking her why she wants the money. Will they give it to her if she basically says she is giving me the money? Does she have to have proof as to where her own money is going...
401K is asking her why she wants the money. Will they give it to her if she basically says she is giving me the money? Does she have to have proof as to where her own money is going...