: You qualify as a "first-time" buyer if you (and your spouse) haven't owned a primary residence in the last two years .
: You can withdraw your contributions (the money you put in) at any time, for any reason, tax- and penalty-free. For earnings, you can withdraw up to $10,000 tax-free and penalty-free if you’ve had the account for at least five years. can i borrow from my ira to buy a home
: You can use your $10,000 lifetime limit to help a child, grandchild, or parent buy their first home, even if you already own one. : You qualify as a "first-time" buyer if