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 ...

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 ...

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 ...

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.

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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.

Definition from Wiktionary, the free dictionary

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

Cash-out refinancing is one option for a homeowner to get some equity out of the house value without selling the home. Cash-out refinancing and home equity lines of credit are ...

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 ...

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

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 ...

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 ...

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 ...