Follow the steps to complete your loan request form successfully

1. Click ‘Get Form’ button to access the form and open it in the editor.
2. Begin by entering your plan and participant information. Clearly type or print the plan name, your first name, middle initial, last name, and plan ID number. Provide your address, city, state, ZIP code, and the last four digits of your Social Security Number.
3. Next, fill in your date of birth in the format mm/dd/yyyy. This ensures proper identification.
4. In the loan request section, specify the loan amount you are requesting, the interest rate, and the due date for the first loan payment in mm/dd/yyyy format. Enter the number of payments and the duration.
5. Choose the frequency of payments from the available options: weekly, biweekly, semimonthly, monthly, or quarterly. Provide the anticipated payment amount.
6. If applicable, indicate any special instructions regarding loan processing.
7. In the delivery instructions section, select whether you would like the payment mailed directly to the participant, plan sponsor, or TPA. If expedited delivery is desired, provide the name of the delivery service and account number.
8. Proceed to the authorization section where the plan trustee or authorized signer must print their name and sign the form, including the date.
9. If there is a second authorized signer, they should also print their name, sign, and date the form. Ensure that all information is accurately provided.
10. The vested percentage section must be completed by the Third-Party Administrator (TPA). They need to select whether the participant is 100% vested or specify the vested percentages of different contribution types.
11. Lastly, save your changes. You can download, print, or share the completed form as needed to submit your loan request.

Complete your American Funds Loan Request Form online today to ensure timely processing.