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Probably best to ask your lender when you should move the money to ensure it runs smoothly. Hi, Im buying my first home and will be using a rollover IRA to cover my closing costs. Funds are from my previous employers 401k and have been in the IRA account about a year and half. My question is should I move the funds to my personal checkingsavings account now or transfer the finds right before the closing date in mid-July.
Im still confirming a lender and may check one or two more to compare ratesfees. If they needed a purchase contract hdfc bank personal loan offers that specific address, theyll likely need one for the new property.
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