How long will my 401(k) loan request take?

Once you’ve submitted your loan request, you’ll receive a confirmation email letting you know that your loan request has been submitted for review. Generally, once Guideline receives your loan application, review takes about 5-7 business days. If your application is approved, you will receive a notification that your promissory note and amortization schedule are available for your review.

Once the promissory note terms have been accepted, it takes about 2-3 business days for the check to be mailed out. A final notification is sent when your check is ready for mailing. Please expect about 7-10 business days for the check through USPS mail.

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