JMAC will be closed for business on Thanksgiving Day - Thursday, November 24, 2016 and on Friday, November 25, 2016.
Thursday, November 24, 2016 does not count as a business day towards rescission and disbursement. For example, if the borrower signed the closing documents on Wednesday, November 23, 2016, the rescission expires on midnight of Monday, November 28, 2016.
Thursday, November 24, 2016 also does not count as a business day towards the waiting periods associated with Loan Estimates/Closing Disclosures. For example, if the initial Closing Disclosure was received by the borrower on Wednesday, November 23, 2016, the earliest signing date available will be Monday, November 28, 2016.
In addition, the Lock Desk and Funding Department will also be closed on these days. Any lock requests submitted will be processed on the following business day and based on that's day market pricing.
If you have any questions, please contact JMAC at (949) 390-2674.