Posts Tagged ‘Towards’

Can Money From A 401k Loan For A First Time Home Go Towards A Down Payment And Closing Costs?

February 18th, 2010

I know I can use a loan from my 401k towards the down payment. If I have some money left over from the 401k after that, can I use the rest for the closing costs?

Do Student Loans Count Towards Income For The Purpose Of Obtaining A Loan?

December 23rd, 2009

I’m in graduate school and I’m taking loans for all of my living expenses. It comes out to about $25,000 per year for living expenses. If I fill out a loan application, can I include this as income which is otherwise nothing?