Harvey,

I need a little clarification here. You can cash out your IRA for a down payment, or if you already have a down payment you can use you IRA as assets to bolster your strength as a borrower. If you are speaking of the former you should definitely speak with your tax professional. There may be serious tax implications for early withdrawals of equity on a down payment. If these are not what you were speaking of, please be more specific.

Kind regards,

Jason Diperstein
E Mortgage Management
800.793.9633 ext. 156
jdiperstein@emmloans.com