Can I borrow my down payment?

Generally not as unsecured debt — lenders want the down payment to be your own funds or a true gift. But you can borrow against an asset you own, such as a 401(k) loan or a secured line, because it's collateralized.

A 401(k) loan, for example, is allowed because it's backed by your balance. We'll review which sources count and how each affects your DTI.

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