Quote:
Originally Posted by look 171
If I go through with Bof A, when the process gets to the end of escrow should they force me to close my line, can I pull the plug and not go throught with the refi? THis way nothing will change and everything is reversible, right? Can I go through the same process with Bank of the West and use the same escrow co. to avoid escrow and title fees. Thanks
Jeff
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Yes, it's call 3 day right of rescission. This applies only to refinances. This 3 day rule gives you 3 days
after you've signed your loan docs to back out....
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