Since the customer already owes that amount, there should be no rescission. The customer has no ability to dodge that debt. It would be a different matter if you were adding the borrower's home as security for the first time.
However, your fact situation is complicated by the fact that a different creditor now holds the loan. Regulation Z doesn't really speak to the situation where the loan has been sold and a different (second) creditor holds the note. However, Reg Z does define "creditor" as the party to whom the loan is initially payable. I think there is therefore a strong arguement that rescission does not arise. However, if you want to be conservative and ultra-safe, you might want to offer the right to rescind anyway. That would ensure that there were no issues to raise in the future.