Get Fbc Loan Authorization Form

Completing the Fbc Loan Authorization Form online is a straightforward process that enables you to authorize loans from your 403(b) plan. This guide provides a clear, step-by-step approach to filling out each section of the form to ensure your submission is accurate and complete.

Follow the steps to successfully complete the form

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Begin by filling out the participant information section. This includes your employee name, employer name, and mailing address. Ensure you provide your social security number and both home and work phone numbers. Include your date of birth and the details of your financial advisor or agent.
3. In the investment provider information section, list the investment provider from which you are borrowing the 403(b) amounts. Provide any necessary account numbers, phone numbers, and mailing addresses. Be sure to give accurate information, as this will be sent to the investment provider.
4. Answer the questions regarding current and previous loans. Indicate whether you have ever defaulted on a 403(b), 401(k), or 457(b) loan, and specify if you currently hold or have had any loans within the past 12 months. Attach any required documentation, including statements showing previous loan balances.
5. Identify all current 403(b), 401(a), or 457(b) accounts along with their account balances. You will need to attach recent account statements reflecting these balances. If you have more than three accounts, ensure you add a separate page with that information.
6. In the participant approval section, read the statements provided carefully, and certify that the information is accurate. Sign and date the form in the appropriate spaces provided.
7. Finally, ensure that you provide the requested loan amount and confirm it does not exceed the maximum eligible loan amount. After completing the form, you can save changes, download, print, or share your submission as required.

Complete your forms online today to ensure a smooth loan authorization process.