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Loans - TSP

Primary ResidenceGeneral Purpose andLoansiTable of ContentsThings to Consider Before You Borrow ..1 Rules for Borrowing ..1 Eligibility ..1 Types of Loans ..2 Applying for a Loan ..3 Application Fee ..3 Minimum and Maximum Loan Amounts ..3 Where Your Loan Comes From and is Repaid To ..4 Interest Rate ..5 nonpay Status ..5 Spouses Rights ..5 Court Orders ..6 Payment Methods ..6 Receiving Your Loan ..6 Repaying a Loan ..7 Loan Delinquency .. 9 Separated Participants ..10 Loan Rules for Separated Participants ..10 Appendix I ..13 How nonpay Status Affects Your Existing TSP Loan ..13 How to Start and Stop nonpay Status ..15 Resuming Payments From Payroll ..15 Appendix II ..17 Requirements for Primary Residence Loan Documentation.

Nonpay Status Loan payments are submitted through payroll deductions. Therefore, if you are not currently receiving pay (i .e ., in nonpay status), you will not be eligible for a TSP loan . See Appendix I on pages 16– 19 for information about a loan that exists at the time you go into nonpay status .

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www.tsp.gov

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www.tsp.gov

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www.opm.gov

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www.marines.mil

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www.sco.ca.gov

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