<prompt> Human: Hey Reddit, as the title mentioned I have an IRA that is worth 4500 that had an initial investment of 5500. I put that money in high risk funds, and of course the stock market isnt doing to well. Anyways I am looking to buy my first home with conventional loan. I have the money for the minimum down payment and extra for any initial cost I might encounter.I am considering pulling my money out of the IRA and adding it to the down payment. From the quotes I have been getting, it looks like I am going to get a 4.1APR 30 year conventional.This is a traditional IRA. I am curious on what you guys think. As a side note, I have no other debt. This is my first loan ever.  <response>: IRA is meant for retirement savings. Hence, you invest in funds that dont produce immediate returns until many yearsdecades later. Pulling money out is locking in the losses. 