Toni Glover|Credit Coach|Funding on Instagram: "📌 15 U.S.C. §1635 — Right of Rescission What this law is This law gives consumers the right to cancel certain credit transactions that place a security interest on their primary residence. 👉 In simple terms: You get a legal “cool-off” period to cancel the loan — no penalty, no explanation required. 🧠 What Types of Loans This Applies To ✔ Refinance of a primary residence ✔ Home Equity Loan (HEL) ✔ Home Equity Line of Credit (HELOC) ✔ Second mortg