Rescission Calendar 2026
Rescission calendar 2026
What Is the Rescission Period?
If a loan includes a right to rescind, the borrower has 3 (three) business days to cancel. The period runs from the last of these events: (1) signing (consummation), (2) receipt of the material disclosures, or (3) receipt of the Notice of Right to Cancel (NRTC). This calculator assumes all three occur on the selected signing date. If they occur on different dates, use the latest event and confirm the deadline with the lender or title company.
How the Rescission Date Is Calculated
For rescission purposes, a business day is every calendar day except Sundays and the legal public holidays listed in 5 U.S.C. § 6103(a). Saturdays count. Those holidays are:
- New Year’s Day — January 1
- Birthday of Martin Luther King, Jr. — third Monday in January
- Washington’s Birthday (often called Presidents Day) — third Monday in February
- Memorial Day — last Monday in May
- Juneteenth National Independence Day — June 19
- Independence Day — July 4
- Labor Day — first Monday in September
- Columbus Day — second Monday in October
- Veterans Day — November 11
- Thanksgiving Day — fourth Thursday in November
- Christmas Day — December 25
Observed-date rule:
- Only the legal public holiday’s named date is excluded. If that date falls on Sunday, the following Monday still counts as a business day for rescission.
- If the named holiday falls on Saturday, the preceding Friday still counts as a business day for rescission.
Sources and references
- Regulation Z — 12 C.F.R. § 1026.23
- Legal public holidays — 5 U.S.C. § 6103
- CFPB official interpretation of the rescission business-day rule
- National Notary Association rescission calendars
This calendar is a reference, not legal advice. Confirm any discrepancy with the lender or title company before relying on a deadline.
How to Rescind
To cancel, the borrower must give notice by midnight of the third business day. The notice can be mailed, delivered, or sent by other permitted means. If mailed, the notice is effective when placed in the mail, even if the postmark reflects a later processing date. Example: If the rescission period ends at midnight on Saturday and the borrower mails the notice at 10:00 p.m. on Saturday, the loan is canceled even though the envelope may not be postmarked until Monday.
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