What must occur if a lender makes changes to loan terms after issuing the initial disclosures?

When a lender makes changes to loan terms after issuing the initial disclosures, it is crucial for the lender to provide a revised disclosure to the borrower. This requirement ensures that borrowers are fully informed about the terms of their loan, including any changes to interest rates, payment structures, or fees that may have occurred since the initial disclosures were issued.

Providing the revised disclosure not only maintains transparency in the lending process but also protects the borrower’s rights, allowing them to understand the implications of the changes before proceeding. It is essential for lenders to ensure that borrowers have access to up-to-date information so they can make informed decisions regarding their loan.

In the context of this question, maintaining a proper communication flow through revised disclosures is a fundamental principle in lending practices, helping to avoid any misunderstandings and ensuring compliance with regulatory requirements. This is why the choice that indicates a revised disclosure must be given to the borrower is the correct answer.