I closed on a house a few weeks ago. I have a small IRA I’m considering closing out. Would I still have to pay the 10% fee since I’m closing it after the home closing?

[MichaelL1]

It  has to be used for first time homebuyer expenses, and needs to be applied to closing on the home within 120 days after it is taken out of the IRA, so if you already closed you will be out of luck.

The law allows individuals to receive distributions from their traditional IRAs to pay up to $10,000 of first-time homebuyer expenses without incurring the 10% early withdrawal penalty that usually applies to withdrawals from a traditional IRA before age 59 1/2.

See page 24 of this document  https://www.irs.gov/pub/irs-pdf/p590b.pdf