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    Tackia's Avatar
    Tackia Posts: 4, Reputation: 1
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    #1

    Mar 21, 2012, 11:01 AM
    How much of 401k can be used for income for mortgage?
    How much of 401k can be used for income for mortgage?
    Tackia's Avatar
    Tackia Posts: 4, Reputation: 1
    New Member
    		  
    #2

    Mar 21, 2012, 11:06 AM
    Please identify which sources of funds would be unacceptable.
    Please identify which sources of funds would be unacceptable.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #3

    Mar 21, 2012, 11:07 AM
    Funds stolen from my elderly neighbor would be unacceptable.
    Tackia's Avatar
    Tackia Posts: 4, Reputation: 1
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    #4

    Mar 21, 2012, 11:10 AM
    An appraisal is good for how many days?
    An appraisal is good for how amny days?
    Tackia's Avatar
    Tackia Posts: 4, Reputation: 1
    New Member
    		  
    #5

    Mar 21, 2012, 11:12 AM
    What source of funds would be unacceptable when applying for a mortgage?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #6

    Mar 21, 2012, 11:15 AM
    Depends on the supplier, but normally 30 days or a calendar month.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #7

    Mar 21, 2012, 11:39 AM
    What choices are there?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
    		  
    #8

    Mar 21, 2012, 12:44 PM
    None of it without penalty unless you are old enough for disbursments. How old are you?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #9

    Mar 22, 2012, 05:49 AM
    Tackia: please clarify - are you asking whether you can list 401(k) withdrawals as a source of income on a mortgage application?
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #10

    Mar 22, 2012, 06:56 AM
    The initial question is vague and can not be answered so no rating is appropriate.
    mmresd's Avatar
    mmresd Posts: 2,002, Reputation: 553
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    #11

    Jun 20, 2012, 06:23 PM
    Any source of funds that were obtained illegally or are not provable, such as stolen money from a bank, or rental income that is paid in cash and cannot be traced.
    mmresd's Avatar
    mmresd Posts: 2,002, Reputation: 553
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    #12

    Jun 20, 2012, 06:24 PM
    It depends how much you have, your age, and if you are willing to pay penalties or not, other than that... zero.
    mmresd's Avatar
    mmresd Posts: 2,002, Reputation: 553
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    #13

    Jun 20, 2012, 06:25 PM
    Normally 30 calendar days.
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