First time poster here. I know it's a big no no but I wanted to take my Roth IRA funds and payoff a 2nd mortgage ($40,000) that I am paying 9% on. I can't refinance and include it due to current value of the home and the 80/20 restrictions.

With this done I would refinance my current home again lowering those payments to be paid back to the Roth

On top of that I finally (5 yrs) sold my old home so I have about $500 extra (I rented it) to pay back my Roth.

Thoughts?