Using 401K $ for downpayment

[jenni]

Is there any way that I can tap into my 401K to use for part of my down payment? Does anyone have recommendations for this?

[chandni_aqua]

What kinda property is it and how much of a down payment? can you please elaborate. there are certainly a lot of ways in which u can accommodate your payments in the mortgage itself.

[chrissie1101]

I wouldn't. Talk to your banker very frankly about what you can afford. That sounds like a huge risk to me and if I think it is, I am sure your banker will as well and may consider you a credit risk.