Which of the following is NOT a suggested option if you can't qualify for a loan on your own?

Using retirement savings to qualify for a loan on your own is not typically recommended because it can jeopardize your long-term financial security. Withdrawals from retirement accounts may not only incur taxes and penalties, but using these funds diminishes your savings intended for retirement, which can impact your future financial stability.

In contrast, finding a co-signer can enhance your loan application by adding another person's creditworthiness to the process, making it more likely for lenders to approve your loan. Speaking with a HUD-certified housing counselor provides valuable guidance and resources to help navigate the homebuying process and explore other options you may not have considered. Additionally, getting gift funds from family can help with the down payment or closing costs without putting your financial future at risk. Each of these alternatives allows you to seek assistance without compromising your financial health in the same way that liquidating retirement savings does.