Residential loan documentation?
My job is causing me to be an excessive distance from home, and I need a residence. I am married with kids and not moving them. I’d like to use a tsp residential loan so that I can have a primary residence as needed/necessary near work.
Ideally I would not change my drivers license and tax status, but I don’t know what constitutes primary residence. For me it would be primary, as my family home would be secondary/weekends.
I’m not concerned about the return risk of a tsp loan, especially given the mortgage rates.
What I’m concerned with is what hoops TSP makes you jump through to justify a residence as primary. And what documentation is necessary.
It’s far from a house in the mountains or at the beach, there’s no mistaking it for a secondary or vacation home. But what documentation is needed? What steps taken regarding residency?
Thanks!