Benefits of using an excellent 401(k) loan to make a house downpayment

Benefits of using an excellent 401(k) loan to make a house downpayment If you find yourself looking to purchase a home, it’s best to create a 20% advance payment. Doing so allows you to stop being forced to purchase private mortgage insurance policies (PMI). PMI guarantees loan providers do not end up getting aside-of-pocket loss [...]