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My lender or broker never provided me with the notice of a right to rescind for a mortgage loan. What can I do?

If you never received the Truth-in-Lending disclosure or the Notice of Right to Rescind from the lender and you were entitled to receive one, you may still be able to rescind your mortgage loan. 

However, this must happen during the first three years after you sign the mortgage contract, or before you sell your home – whichever occurs first. If you think you need to rescind your mortgage loan on this basis, you may want to consult an attorney. Remember, you will have to give back the money that you borrowed if you rescind the loan.

Note: In most cases, if you apply for a mortgage on or after October 3, 2015, you will receive a Closing Disclosure as your final Truth-in-Lending disclosure.

If you have a problem with your mortgage, you can submit a complaint to the CFPB online or by calling (855) 411-CFPB (2372).  We’ll forward your complaint to the company and work to get you a response.