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3 Day Right of Rescission Construction to Perm?

Answered by: 

Question: 
Do we have to get a 3 day right of rescission when we are going from a construction loan to a perm loan?
Answer: 

No. See Regulation Z 1026.2(a)(24) and its Commentary.

First published on BankersOnline.com 5/13/13

First published on 05/13/2013

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