I applied for a $50,000 401k loan to use as a down payment on a house I'm in the process of buying. I have more than doubled that amount in and my account is in good standing. When I applied for the loan, I got denied and they said it was due to fluctuations in my account. When I look at it my account I don't see any significant fluctuations at all recently, just normal very slight ups and downs. So far I can't get a knowledgeable person on the phone to to talk about this, just well-intentioned customer service people offshore who don't seem to have the knowledge to really explain to me why this got denied. Does anybody have insight on this? I need to get this together because I'm already a few thousand dollars into this house in the form of assessments appraisals and inspections. Thanks in advance
Submitted October 03, 2021 at 10:08AM by Fit_Masterpiece_5349 https://ift.tt/3B6ffh3
