u/Arthr2ShdsJcksn

I'm taking out 30K for a downpayment on a turnkey build. I understand the risk/problems with 401k loans, but this is more of a question on the rules. It says you can take it out for 180 months if its for a home purchase or build(as opposed to 60 months regularly). My question is, I need this money months before closing because I need to put down 5% with the builder (an amount that will become part of the down payment) when we close. I should have a contract with the builder, but not bank papers yet. Is that enough to prove that I'm using this for a house so that I can use the longer payback timeframe?