Can You Use an Annuity to Qualify for a Mortgage? - FREEandCLEAR
If you are under age 59½, the IRS typically charges a 10% early withdrawal penalty on the earnings portion. 2. Annuity Loan
Some providers allow you to borrow against your own contract value.
You can withdraw cash directly from the annuity's value to use as a down payment.
Can You Use an Annuity to Qualify for a Mortgage? - FREEandCLEAR
If you are under age 59½, the IRS typically charges a 10% early withdrawal penalty on the earnings portion. 2. Annuity Loan
Some providers allow you to borrow against your own contract value.
You can withdraw cash directly from the annuity's value to use as a down payment.