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4 . In a home equity line of credit transaction, if two copies of the Three ( 3 ) Day Right of Recission has not
In a home equity line of credit transaction, if two copies of the Three Day Right of Recission has not been received by all parties what occurs?
The timeframe extends to another three days once the borrower has received the Three Day Right of Rescission.
The borrower can negotiate the timeframe extension to rescind.
The timeframe extends to three years for the borrower to act on that right.
The Three Day Right of Rescission doesn't apply to Home Equity Line of Credit Loans.
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