Hello,

We have a loan coming up for maturity and normally we have the borrowers pay the renewal/extension fees in cash at closing and do a change in terms. We have a borrower who we are financing the fees for can we still do a straight change in terms if we are adding fees to loan amount or do we have to redislose and issue all new documents. LE, CD, new Promissory note?

TIA

Is what you are doing considered a refinance under 1026.20(a)? Ask your attorney. Much of this would be State law as to what is required to add money to an existing obligation.