Here are the simple steps:
- If this is your first policy loan from this policy you need to establish an account to have the funds electronically deposit into. When you submit the the loan forms include the first page only of your most recent bank statement with a voided check to the account you would like to use.
- At the bottom is an attached most recent loan form. Complete the insured section as well as 1, 5, and 7. (You can complete these forms electronically with DocuSign as long as you include the signature verification page)
- Send these forms to service@wealthwithoutwallstreet.com and our team will send for processing.
- Note: funds can only be deposited into a personal bank account.
- Standard processing time of these loans is 5 to 7 business days, but we have been seeing them completed sooner.
*If your loan request is under $15,000 and you have taken previous loans from the policy and authorized a bank account for direct deposit you can call in the request. This is the easiest option. Dial 800.523.0650. Give the policy number and request the loan against the policy to be deposited via EFT.*