Finance
Under Wisconsin law, a mortgage lender must provide the borrower with a Notice of Right to Cancel (Right of Rescission) for:
AA purchase money mortgage
BA refinance of a primary residence✓ Correct
CAn FHA loan
DA commercial loan
Explanation
Under TILA, the right of rescission applies to refinances (non-purchase) on a primary residence, giving borrowers 3 business days to cancel.
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