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Thread: TSP Loan Time frame

  1. #1

    Question TSP Loan Time frame

    I recently submitted my loan request via fax. I did the process online and due to being married had to have my spouse sign it and have everything notarized. This was all done prior to being faxed. On average, how long does it typically take to, 1. Find out if the loan was received/approved/processed? and 2. For the funds to be disbursed to checking account annotated on section IV of pg2?


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  3. #2

    Default Re: TSP Loan Time frame

    14 days round turn, from leave your hands to treasury check in your mailbox.
    100g

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  5. #3

    Default Re: TSP Loan Time frame

    What about it is direct deposit to checking account? That was my main question.

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  7. #4

    Join Date
    Aug 2008
    Location
    Pensacola, FL
    Posts
    6,312

    Default Re: TSP Loan Time frame

    Quote Originally Posted by AELEE View Post
    What about it is direct deposit to checking account? That was my main question.
    3-4 days

    Go to tsp.gov and look at your Outstanding Loan Status. Look for date issued. You should see the money deposited to your account within a few days. I took a loan out in 2013. It was issued on 1/31(Thurs) and I saw it in my bank on 2/4(Mon).
    Last edited by jpcavin; 10-27-2016 at 10:10 PM.

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  9. #5

    Default Re: TSP Loan Time frame

    let me know how that time frame works out for you. and if it is direct deposit off a faxed notarized signature from a (?former?) spouse.

    not trying to pee in your wheaties, i just have an idea about how this game works.

    sometimes you can get screwed by your ex spouse. and sometimes your spouse will screw you. that is one of a very few games i have not figured out how to figure out. good luck. let us know.
    100g

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  11. #6

    Default Re: TSP Loan Time frame

    Current spouse, that is being divorced but we are on good terms. It was mutual. Spoke with him about it and he agreed to sign it for me. It was submitted via fax today (27OCT2016) around noon time. So we shall see how long it takes.

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  13. #7

    Default Re: TSP Loan Time frame

    Update. I checked this morning and it showed that my paperwork had been received but that it would take 7-10 business days to process. Will keep this updated on timeline.

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  15. Default Re: TSP Loan Time frame

    Quote Originally Posted by AELEE View Post
    What about it is direct deposit to checking account? That was my main question.
    5-7 business days.


    Sent from my iPhone using Tapatalk

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  17. #9

    Join Date
    Aug 2008
    Location
    Pensacola, FL
    Posts
    6,312

    Default Re: TSP Loan Time frame

    Quote Originally Posted by AELEE View Post
    Update. I checked this morning and it showed that my paperwork had been received but that it would take 7-10 business days to process. Will keep this updated on timeline.
    So how long did it take to show up in your bank account?


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