<prompt> Human: Hi knowledgeable PF-ers. I purchased a house before I was married and I am the only person listed on all of the property documents. The interest rate is pretty high 5.25, and Id like to refinance. I dont have much equity in the house, or enough cash to refinance the house as it is. My wife has enough in her Roth IRA to bring our equity in the house to 80 when we refinance though. My question is: Does this count as a first time homebuyer distribution if she gets added to the mortgage and put on the title? I cant find any more detail about this in the IRS guidelines and wed like to avoid any additional taxes or penalties. Thanks in advance!Edit: It cant be done without tax consequences, so I wont do it. Also, it seems like everyone here thinks it would be a horrible idea anyway. Thanks for the input!Assistant: I want to use my Ira to...No...But it says I...No...But my rate is..No...But its only...No...Is there a reason I should use my retirement before I retire?No...Human: I can understand this as the default position, but every situation is different. In this case, I could stand to save around 2,000mo interest PMI by using 50k in retirement funds. While theres a lot of value to arguing about the FV of that 50k at retirement, Ill be getting around a 50 ROI in this case.  <response>: You will still lose.Dont do it. 