Tuesday 7 June 2016

A couple of items to remember while mortgage refinancing is in process:

A couple of items to remember while mortgage refinancing is in process:


  • When refinancing your primary residence, you must wait three (3) business days from closing before disbursement. During this rescission period you may rescind this transaction at no further cost.
  • It is important that you continue to make your present monthly mortgage payment on a timely basis until the mortgage refinancing transaction is complete. Your credit status could be affected if these payments are not received by the present lender on time.

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