In this month's Mortgage Minute, Debbie Siegel explains the federal credit law that gives consumers the right to cancel a loan. That's right, you have three days to rescind or cancel on a loan - but only if it's a loan for a primary residence. Because there is no rescission period for loans on investment properties or second homes, it's extremely important you receive the proper disclosures before you get to the closing table.

Best regards,

Jeremy B. Shapiro		Sheila Farragher-Gemma
Co-Founders, ForeclosuresMass.com

March 2007

Choose Your ARM Program Wisely »

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