Save yourself some time - maximum participant loan dollar amount is $50,000.
Yes, loan to purchase a primary residence can exceed 5 year period if plan allows it - plan is not required to allow it. Finally, the "process" is governed by the plan document/administrative procedures. Check with the Plan Administrator and/or the TPA.
Another March 15 come and gone. Hope everyone faired well and I appreciate the folks on here that help us navigate through the sea of complex rules and regs. Kudos.