I’ve applied for a loan to refinance my house. Can I change my mind?
The Truth in Lending Act allows borrowers a three-day period to cancel a loan. The three-day period begins at midnight on the day the loan closes. Sundays and Federal holidays are not counted in this period.
If you want to cancel a loan, you must do so in writing. The letter must be postmarked before your three-day period has expired. It’s a good idea to send the letter by registered mail. Lenders have 20 days to return any loan fees that they have collected from you.

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