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 Post Posted: Sun May 24, 2020 10:08 pm 
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Joined: Dec 10, 2016
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Hi. I was just wondering if anyone has used a tsp loan for closing costs on a house purchase? Is it a 10k limit? We may try to purchase a home prior to sale of our current home, which we have equity in and I just want to make sure we have some extra cash on hand in the interim. From what I read, I should be able to quickly pay back the tsp loan in a lump sum once our current place sells? Is the only difference between the general loan and residential loan the potential payback length (5 vs 15 years)? If so, wouldn’t a general loan get approved much more quickly? Are there down sides to doing a general for a home versus residential? For those who have done this before, any things you would do different?


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AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)

S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)

DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)

EFA (I Fund)
iShares MSCI EAFE Index (EFA)