After confirming that you qualify for a loan, if you’d like to submit a request, you can find the loan task within your participant Dashboard. Please click on your name at the top right hand corner of the page, and visit the Loans page to find the application.
The loan task page will only be accessible if you are still employed with the company sponsoring your 401(k) plan. Within the Loans page, you can also review the status of loan request and check to see when your promissory note is available to sign and resubmit through your shared files folder.
If your loan is approved, you will receive notification when your promissory note and amortization schedule become available and when a check is on its way.
Curious about the 401(k) loan processing timeline?