CalSTRS does not offer a program where members can borrow against their retirement account. However, CalSTRS does offer two types of mortgage programs that may meet your needs. The Zero-Down Preferred Program and the 80/17 Program both provide down payment assistance. For more information on the CalSTRS Home Loan Program, visit the Home Loan Program Summary page.

Is it possible to borrow against (or liquidate) my 401(K) or IRA for a down payment and if so is this a good idea? Finding an Agent

However, any loans that you take out must be secured by an asset that you own. If you own something of value that you could borrow funds against such as a car or another home, it's a perfectly acceptable source of funds. If you are planning on obtaining a loan, make sure to include the details of this loan in the Expenses section of the application.

A hold for loan collateral will be placed on your TDA. Please contact the ICFS service assistant for more details.

Yes, (effective January 1, 1999) you may borrow against RA, GRA, GSRA and SRA and both Basic (matched) and Supplemental (unmatched) Fidelity Contributions.

Generally speaking, the answer is no for most types of financing. The most reliable source of information regarding borrowing or gifts of down payment money is your real estate agent or mortgage lender.

There are some basic rules to follow. First, send money orders. Personal checks will not be accepted and it is unwise to send cash in the mail. The money order should include the following information: the inmate’s first and last name, the inmate’s number, the institution and housing unit where the inmate is housed and the name of the remitter. Money sent to an inmate will be placed on the inmate’s account within 24 hours of our receipt of funds (during normal business hours).

You can submit a withdrawal online. Your funds will be sent to you on the next business day. You can choose to have funds sent by e-check, paper check or wire transfer.

We make withdrawals authorized by you from the financial account that you designate as the payment account. As with any payment account, you must provide sufficient funds to cover all payments. Since we have no knowledge of your account balance at any time, we cannot notify you if your payment account has insufficient funds. There may be additional charges for payments attempted against accounts with insufficient funds.

Students who wish to purchase or rent a personal computer for academic purposes and be reimbursed with a federal loan, must first provide proof of purchase or rental to the Financial Aid Office before the loan will be written. The printed receipt must show the amount paid, the student's name, and the date of purchase ( no more than 60 days prior to the beginning of the term). An invoice is not acceptable.

This will be determined by the lender based on your repayment ability and the appraised value of the home. For information on how lenders determine repayment ability, click here.

You can request a loan once each calendar year, as long as the funds have been in your account for more than 15 days and you have no loans outstanding in your account at the time of your request.

You may borrow up to 60% of our appraised value of your home whether your home is paid for or not, finished or not or at any stage of construction. In other words, we can arrange a 1st loan, a 2nd loan, and sometimes even a 3rd loan for you (we only arrange construction loans in first position, however). We will provide the appraisal of your home to determine the amount you can borrow and there is no appraisal fee cost to you.

We accept many different payment methods including credit cards, checks, wires, Neteller, FirePay, electronic checks and more. For a complete list of payment methods accepted, please see the Payment Options. back to main Casino FAQ page

The bank will follow standard procedures when a check is presented for payment against insufficient or uncollected funds. Current policy requires that the item be returned unpaid. The bill-payment service will automatically be frozen until the situation is resolved. The item will be submitted a second time. If the funds are still insufficient at the time the check is resubmitted the collection process will be initiated.