# Calling Lawyers! Help (mortgage refinance)

**URL:** <https://boards.straightdope.com/t/calling-lawyers-help-mortgage-refinance/131426>\
**Category:** Factual Questions\
**Created:** [October 8, 2002, 8:21pm UTC](https://boards.straightdope.com/t/calling-lawyers-help-mortgage-refinance/131426 "2002-10-08T20:21:52Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![cmosdes](https://avatars.discourse-cdn.com/v4/letter/c/a587f6/32.png) [@cmosdes](https://boards.straightdope.com/u/cmosdes)\
**Post date:** [October 8, 2002, 8:21pm UTC](https://boards.straightdope.com/t/calling-lawyers-help-mortgage-refinance/131426/1 "2002-10-08T20:21:52Z")

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Yes, I know my local laws may vary and that I should consult a local legal representative and everything else… but I’m still curious.

My bank just told me that if I enact my right of rescission after signing my loan papers I will have every single dime refunded to me. All of it. I find that hard to believe, as the bank would be out hundreds of dollars for things such as:

loan application fee  
appraisal fee  
credit report  
flood determination  
etc.

So, I ask… will I really not owe a dime? Can I really just walk away and go sign another loan somewhere else?