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Real Estate Dictionary
» Definition for "401(k)/403(b) loan"
401(k)/403(b) loan
Some administrators of 401(k)/403(b) plans allow for loans against the monies you have accumulated in these plans. Loans against 401K plans are an acceptable source of down payment for most types of loans.
Last Updated: September 5th, 2010 at 10:24 PM
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