Residential loan? How long before my money is deposited into my account?

[Marinmommy]

We are anxiously awaiting our residential loan. We already moved out of the house so we need it ASAP to be able to close on our new house. Once we fax back the loan package, how quickly will the money be deposited into our account?

Thanks!

 

[uscfanhawaii]

Are you asking about a TSP residential loan?

 

[uscfanhawaii]

http://www.tsptalk.com/mb/tsp-loans/11857-residential-loan-timing.html

This was a thread about TSP residential loans. Doesn't appear to say how long it takes....only what the restrictions are. Frixxxx had responded to this, so maybe he has more info (?).

 

[Frixxxx]

Sorry, I was moving boxes all day -

I've been told 2-3 weeks after the application is received. Have you set a closing date for a new place?

Sorry it is not better news.