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re: Right to rescind mortgage - Louisiana

Posted on 3/10/19 at 6:02 pm to
Posted by Skeet Mc
Member since Dec 2006
2969 posts
Posted on 3/10/19 at 6:02 pm to
Incorrect. ROR also applies to new money consumer HELOC and HE Loans in 2nd position. The 1st position does not have to be extinguished with a refinance for ROR to apply.

Sippy, what was the difference in the unsecured vs secured rates.
Posted by davyjones
NELA
Member since Feb 2019
37454 posts
Posted on 3/10/19 at 6:18 pm to
quote:

I’m an expert: tree fiddy he screwed


Knuckles please.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
7082 posts
Posted on 3/10/19 at 6:40 pm to
0.6
This post was edited on 3/10/19 at 6:41 pm
Posted by supadave3
Houston, TX
Member since Dec 2005
32397 posts
Posted on 3/10/19 at 6:51 pm to
I’m think it’s not bad advice, but neglible either way. Assuming he uses it as intended, it pretty much makes only a few dollars difference either way and we’ve already wasted more time talking about than it deserves.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
48552 posts
Posted on 3/10/19 at 6:55 pm to
ETA: read other replies and saw I probably misread and everything I had to say someone else already did.
This post was edited on 3/10/19 at 7:01 pm
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