: You must use the funds for "qualified acquisition costs" (like a down payment or closing costs) within 120 days of the withdrawal. IRA withdrawal rules explained - Vanguard
: Withdraw up to $10,000 penalty-free (waiving the 10% early withdrawal fee), but you must still pay regular income tax on the amount. can i borrow from my ira to buy a home
: You qualify as a "first-time" buyer if you (and your spouse) haven't owned a primary residence in the last two years . : You must use the funds for "qualified