What is the rescission period?

The rescission period is a federally required 3-day waiting period (excluding Sundays and federal holidays) specified by the Truth in Lending Act.

It gives you a period of time to review your signed documents and make sure you want to proceed. No funds can be disbursed during this time and you can cancel the transaction at no cost.

If you choose to cancel, you must send it in writing to us by email at closings@point.com before midnight of the third business day.

If you prefer to send it by mail, send your decision in writing to Point Digital Finance at 444 High Street, 4th Floor, Palo Alto, CA 94301—before midnight of the third business day. Please also contact your closer to let them know your decision.