Скачать или смотреть How Long Is the Refinance Rescission Period?

Considering refinancing your home loan? Understanding the rescission period is crucial for your financial protection. This video breaks down exactly how long you have to change your mind after signing those refinance papers.

Here’s what you need to know about the refinance rescission period:
► The right of rescission typically grants borrowers three business days to cancel certain refinance transactions.
► This period is designed to protect consumers from making hasty decisions and allows for reconsideration.
► Understanding when the clock starts and how to properly exercise your right is key to avoiding issues.
► Not all refinance transactions are subject to the three-day rescission rule; specific types are excluded.
► Knowing your rights during a refinance ensures you have full control over your financial commitments.


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