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Can I reconsider after signing my second mortgage or refinance closing papers? What is the “right of rescission?”

Certainly. After signing mortgage closing documents, you can typically change your mind and cancel non-purchase money mortgages within three business days. This is known as the right of rescission.

Certainly. After signing mortgage closing documents, you can typically change your mind and cancel non-purchase money mortgages within three business days. This is known as the right of rescission.

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