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  • After closing on a home mortgage how long after the 3 day cancellation period may the lender delay payment?

    Posted on September 13th, 2009 admin 1 comment
    indy_64_99 asked:


    I refinanced my home to get equity out of it. I closed on my loan and waited through the 3 day cancellation period. My new lender has excuse after excuse about why they are not paying! I now can’t cancel the loan as I a past the cancellation period but I also cannot get my equity money or the payoff of the original mortgage. Now what? Is this illegal?

    DUSTY
     

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