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I need about $20, 000 from my IRA to go towards closing costs and to bring me to a 10% ownership in my house in order to qualify for a VA Loan refinance. Can I use IRA money to do that without incurring a penalty?

gmakerley · Posted: Fri May 01, 2009 2:35 pm Post subject:

you'll always be penalized to use ira funds unless you're retirement age.

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

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Use of IRA funds to refinance house