TSP Loans: Applying for a Loan

Before applying for a TSP loan, review the TSP booklet, Loans which is available from your agency, service, or this website. Please read it thoroughly; you will be held accountable for all of the rules and information it contains.

The two-step loan request process may begin online or on paper.

Online Requests

1. Complete your loan application by going to the My Account section of this website. Note: Depending on your marital status, the type of loan you are requesting, and how you want your funds sent to you, you may not be able to complete your loan request online.
2. If you are unable to complete the loan process online, print out the Loan Agreement and mail it to the TSP with any additional required information. The Loan Agreement must be received at the TSP before the expiration date at the top of the Agreement.

Paper Requests

1. Obtain Form TSP-20, Loan Application from your agency or service, or print it from this website. Send the completed loan application to the TSP at the address indicated on the form.
2. The TSP will then send you a Loan Agreement outlining the terms of the loan. Complete the Loan Agreement, and return it to the TSP with any required documentation. The Loan Agreement must be received at the TSP before the expiration date at the top of the Agreement.

By law, your spouse has certain rights to your TSP account. When requesting a loan, you must indicate if you are married, even if you are separated from your spouse.

• FERS or uniformed services participants: Your spouse must consent to your TSP loan by signing the Loan Agreement that the TSP sends you (or that you print from this website, if you request your loan online).
• CSRS participants: The TSP must notify your spouse when you apply for a loan.

When you request a residential loan you must complete the Residential Loan Agreement and submit it, along with any required documentation, before your loan can be approved. This form documents the costs associated with the purchase or construction of your primary residence.

Documentation Requirements

All Residential Loans

All of your documentation must:

• Be from a third party (that is, someone who is selling the home to you or building it for you)
• Be dated no more than 24 months before the expiration date on the TSP Loan Agreement

It must also show:

• You or your spouse as the purchaser or builder
• Purchase or construction price
• Full address of the primary residence

Special Requirements

In addition to the requirements listed above, some types of primary residences require further documentation.

Cooperative Purchase

Purchasing a cooperative requires you to show that you own shares in a cooperative housing corporation.

New Home Construction Purchase

Constructing a new primary residence requires you to show evidence that a complete residence will be constructed, such as:

• Building permits
• Building receipts
• Other third-party documents

Mobile Home or Recreational Vehicle Purchase

Purchasing a mobile home or recreational vehicle as a primary residence requires you to provide all of the following:

• Serial number or other identifying number
• Complete description of facilities and accommodations (RVs)
• Signed statement that the RV will be your primary residence (RVs)

Boat Purchase

Purchasing a boat as a primary residence requires you to provide all of the following:

• Serial number or other identifying number
• Letter from the marina or other location where the boat will be moored
• Signed statement that the boat will be your primary residence