Down payment for Investment

[Gerald Boone]

Can I use funds from my pension for a down payment on a property? The funds will be considered a loan from my pension.

[Benjamin Aaker]

If your pension allows you to take out a loan, then you should be able to use it for a down payment. Take care to read the terms of this loan agreement. You might find they are worse then other sources of a down payment. Next step is to talk with your banker. Most will care a lot about your source of income to pay the mortgage and less about where the down payment comes from.