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

We encourage loan applications to be submitted about 20 business days in advance of when funds are needed to allow for processing and shipping. Once we have received your loan request, you’ll be sent a confirmation email letting you know that your request is in review. Generally the 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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