Dave Hetterly IV
The Army Corps of Engineers (at least my district) recently solicited for qualified participants. We were advised that the amount that is approved will be sent ever two weeks to the lender in the form of an allotment on the check.Then the tax implications would be witheld on top of that. So, in theory, you would get what you were approved but then your check will be lower because they witheld taxes from your regular pay. Which is still cheaper than you making the payment yourself!