Posted on: 21st Aug, 2008 09:18 pm
How long does it take to obtain a loan from your 403 plan to buy a home? I want to buy a home and need additional money. How long does it take to get a loan from my 403B plan?
Hi kelleymary ,
Welcome to the forum. If you cash to buy a property then borrowing from 403b is not a very bad option. Actually you are borrowing from your own pocket. You need not to go through a credit checking also. It doesn't take even much time. If you are planning for a Loan from 403(b) account then take a look at http://www.mortgagefit.com/401k-403b-loans.html
Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to the forum. If you cash to buy a property then borrowing from 403b is not a very bad option. Actually you are borrowing from your own pocket. You need not to go through a credit checking also. It doesn't take even much time. If you are planning for a Loan from 403(b) account then take a look at http://www.mortgagefit.com/401k-403b-loans.html
Feel free to ask if you have any further questions.
Best of luck,
Larry