Ok, this is a little different situation, but wondering if anyone has ever tried to do this. We currently own a Montana 5th wheel, and we financed it through my 401k. We still owe $35,000 on the loa...
As long as you have equity I see no reason refinancing should be a problem. The maximum term you can borrow from a 401k is 5 years. Personally, I would do what it takes to refi and payback the 401k unless you are very comfortable in your job. If you leave that job or get let go that is a taxable event.
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