verb (used with object), re·fi·nanced, re·fi·nanc·ing. 1. to finance again. 2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.

Definition of refinancing: Paying off an existing loan with the proceeds from a new loan, usually of the same size, and using the same property as collateral. In order to ...

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to finance again; specif., to provide or obtain a new loan or more capital for

verb (used with object), re·fi·nanced, re·fi·nanc·ing. 1. to finance again. 2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.

Refinance - An existing mortgage loan is paid off with a new mortgage loan for the same borrower on the same property. A common reason for refinancing a property is to secure a ...

re·fin·ance (r f-n ns, r-f n ns) intr. & tr.v. re·fi·nanced, re·fi·nanc·ing, re·fi·nanc·es. To provide new financing or new financing for, as by discharging a ...

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Define Short Payoff Refinance. A short payoff refinance is a type of mortgage refinance in which the lender allows the borrower to refinance his debt with another lender for ...

In banking and finance, refinancing risk is the possibility that a borrower cannot refinance by borrowing to repay existing debt. Many types of commercial lending incorporate ...

re·fin·ance (r f-n ns, r-f n ns) intr. & tr.v. re·fi·nanced, re·fi·nanc·ing, re·fi·nanc·es. To provide new financing or new financing for, as by discharging a ...

Some of the refinanced loans exposes the borrower to greater risks than the earlier loan, depending upon the type of loan taken to refinance the existing debt.

Acquiring a new (usually larger) loan that retires an older (usually smaller) loan over a longer-term, using the same asset(s) as collateral.

Refinancing. An extension and/or increase in amount of existing debt. Refinance. To repay a loan by taking out another loan. Refinancing can allow one to secure a lower ...

Definition of refinance. To swap out your old loan… ... Definition: To swap out your old loan with a more favorable loan. The new loan pays off the old loan, so you just ...

Mortgage Dictionary lookup defines financial equity and home refinance loan terms