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#1864516 - 10/24/13 02:16 PM Right of Rescission- New Advance
Cheli Offline
Platinum Poster
Cheli
Joined: May 2013
Posts: 919
Hello-

I have a loan officer working on a loan in which the new advance is rescindable only. Is there a different right of rescission that is used for this transaction? I have searched and it is leading me to believe there is not- I would have thought perhaps there was a different model we would use to show the consumer what portion of their loan is rescindable. Any expert advice is greatly appreciated!

Thank you-

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Lending Compliance
#1864523 - 10/24/13 02:23 PM Re: Right of Rescission- New Advance Cheli
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 46,464
Bloomington, IN
Reg. Z - Appendix H - Model Form H-9
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#1864555 - 10/24/13 03:05 PM Re: Right of Rescission- New Advance Cheli
Cheli Offline
Platinum Poster
Cheli
Joined: May 2013
Posts: 919
Thank you so much!

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