Quick description:
The notice of right to cancel allows a borrower three days - not including Sundays and Federal holidays - to cancel a refinance. The borrower can cancel by fax, or notifying the lender in writing that they wish to cancel their loan.
Changing dates
If dates need to be changed in the right to cancel, have all borrowers initial the changes and write the correct date. Ask the lender (if they are available) how they would like the date change to be documented.