What are my rights?

 

Accelerated Mortgage Solutions, Inc. follows all State and Federal Regulations. We will advise you under RESPA (Real Estate Settlement Procedures Act) and the Ohio Mortgage Brokers Act the information you will need. You will receive all copies of supporting documents that we are required under State and Federal laws. If you need explanation of any of these documents it is your right to ask. You have a 3 day right of rescission on your loan from the day of signing. After the 3 day right to rescind, your loan proceeds will be funded and the mortgage is recorded. The loan is complete. There is no right to cancel on a purchase or a non-owner occupied property.