Posted on: 19th Jun, 2012 08:10 am
I had paid a $95 application fee to a company for a mtg loan. 2 days later I canceled the process for a much better rate. Should I be entitled to a refund. Is there like a 3 day right of rescission or something on this type of thing? Thanks
Hi Cyndi,
I don't think the rescission clause will be applicable in case of application fees. Nevertheless, I will suggest you contact the lender and check out if you can get the refund.
I don't think the rescission clause will be applicable in case of application fees. Nevertheless, I will suggest you contact the lender and check out if you can get the refund.
Hi Cyndi!
Welcome to forums!
You can even contact a real estate attorney and take his opinion in this regard. He will also be able to guide you in this regard.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can even contact a real estate attorney and take his opinion in this regard. He will also be able to guide you in this regard.
Feel free to ask if you've further queries.
Sussane
Did you sign a document when you paid the fee? What does it say?
