---
title: Refinances & Truth in Lending
description: Understand how Truth in Lending regulations impact loan refinancing, requiring new disclosures and compliance. Learn more about the key aspects from Kevin's detailed explanation.
---

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# [Refinances & Truth in Lending](https://blog.bankerscompliance.com/en/refinances-truth-in-lending)

 Written by [Kevin Edwards](https://blog.bankerscompliance.com/en/author/kevin-edwards) | Sep 15, 2025 6:36:56 PM

When you refinance a loan, there are several different regulations that can come into play, depending on details of the specific transaction.  One of those regulations is [Truth in Lending](https://www.consumerfinance.gov/rules-policy/regulations/1026/).  §1026.20, which deals with closed-end loans, states that …*A refinancing occurs when an existing obligation…is satisfied and replaced by a new obligation undertaken by the same consumer…. *While there are some exclusions, knowing what is and what is not a refinancing is key because …*A refinancing is a new transaction requiring new disclosures to the consumer*. 

Kevin explains more in the video.

 

Published  
2025/08/15

[View full post](https://blog.bankerscompliance.com/en/refinances-truth-in-lending)

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