Adele Viviani-Ball
Coldwell Banker Realty

Your Local Real Estate Connection at the
Jersey Shore

Get a professional, experienced partner for buying or selling a home:

  • Trusted resource for answers about the process                        
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond


Real Estate Blog

Link to full blog post article

Should You Borrow From Your 401k?

Should You Borrow From Your 401k? Pros: A 401(k) loan does not appear on your credit report. The interest on these loans is some of the lowest out there—right now, 3-4 percent. You’re paying yourself the interest, not some bank. You’ll get your money more quickly than a home equity loan. Since it’s a loan, you will not be charged the 10 percent early withdrawal penalties plus income taxes you would have to pay if you withdrew the money. You don’t have to qualify for the loan because in effect, you are the lender. No assets or collateral are needed to secure the loan. Cons: You are forfeiting the accrued interest you would earn if your money stayed in the 401(k). The interest is …

Client Testimonials

Updated Sep 24, 2022 9:40:pm
Listing information provided by Monmouth Ocean Regional MLS. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.