Taking out a new loan to pay off an existing mortgage. This is done to obtain a lower interest rate or to borrow cash on the equity in a property that has built up on a loan.

The retirement of existing securities and issuing of new securities to save interest costs, consolidate debt, lengthen maturity, or otherwise alter the capitalization of a company.

Obtaining a loan to pay off the original loan balance. Many time automobiles can be refinanced to lower interest rates.

Revising a payment schedule, usually to reduce monthly payments, for example by reducing the interest rate on a mortgage.

The process of repayment of a debt with the proceeds from a new loan using the same property as security.

Paying off an existing loan with the proceeds from a new loan, using the same property as collateral. see also financing, balloon loan, rate-improvement, refund, floating debt, prepayment risk, renegotiable rate, rollover mortgage, wraparound loan.

Proceeds of a new loan used to pay off an existing mortgage on the same property.

Restructuring a mortgage or mortgages on a property.

Paying of one loan with the proceeds from a separate loan that is secured by the same property.

Taking out a new loan to pay off pre-existing obligations. Another name is Loan Consolidation.

The paying off of one debt with the proceed of a new debt.

an approach that involves creating a new mortgage loan

a new loan, which your lender would also sell, and would be subject to the qualification requirements of investors

a new transaction requiring a complete new set of disclosures

a new transaction requiring new disclosures to the consumer

a new transaction requiring new disclosures to theconsumer

the process of the same mortgagor paying off a mortgage with the proceeds from another mortgage.

Negotiating a new loan for real estate; generally done to obtain a lower rate or in the case of a sale to allow the buyer to purchase the property.

To replace or extend an existing loan with a new loan from the same or a different lender.

Refinancing is the process where a borrower takes another car loan to pay off the other at different terms.

The process of the same member who pays off one loan with the proceeds of another loan.

To retire (pay off) existing loans by changing their terms or by making a new loan.

The process of obtaining a new mortgage to replace an old one, usually to take advantage of lower interest rates, cash-out options or better loan terms. The new mortgage is used to pay off the original one.

The repayment of an existing loan from the proceeds of a new loan. A refinancing could involve repaying one lender and borrowing from another lender.

Repayment of an existing mortgage from the proceeds of a new mortgage on the same property.

a method of paying off one loan with the proceeds of a new loan using the same property as collateral

Replacing and existing mortgage with a new mortgage under new terms.

A loan on the same property by either the same borrower or lender.

replacing or adding to an existing mortgage.

A change in an existing loan designed to extend and/or restructure the repayment obligation or to achieve more favorable loan terms by transferring the financing arrangement to another lender or loan type.

Obtaining a loan for the purpose of repaying an existing loan.

Obtain new mortgage loan and pay off old one

To move your loan from one lending institution to another

Paying off one loan from the proceeds of another loan on the same property.

The purpose of refinancing a mortgage loan is to obtain additional funds or revised terms of repayment.

The purpose of refinancing is to settle a mortgage loan when the borrower negotiates a new mortgage loan, or even a new loan from a new lender.

Re-negotiating the current terms of a mortgage loan or paying off the current mortgage loan and obtaining a new one

Refinancing is replacing your current loan on a home with a new loan. It enables you to take advantage of lowering interest rates. If you have a 30-year fixed mortgage of $200,000 at 8% interest: Your monthly payment is $1,468. At 7%, monthly payment would drop to $1,331. See also Cash Out Refinancing.

The process of paying off one loan or mortgage to replace it with another.

When an existing loan is extended or replaced with an additional loan.

Paying off one loan by obtaining another and generally done to secure better loan terms (lower rate) or to obtain cash from the homeownerâ€(tm)s equity to improve the property or purchase a needed item.

Obtaining a new mortgage to pay off the original one. Refinancing is usually done to secure better interest rate.

Replace or extend an existing loan. Taken out either with the same institution or another

Taking out a second loan to pay off the first, higher-rate loan.

The way you can replace your current home loan with a new loan to get an interest rate lower than the one you have, or to borrow cash from the amount you have paid back on your current loan.

Switching your loan from one lender to another.

A new borrowing against a property that is currently mortgaged, with the intention of retiring the previous debt.

Replacing an old mortgage or loan with one that has more favorable terms.

Repaying a debt with the proceeds of a new loan, using the same property as collateral or security.

The repayment of a debt from the proceeds of a new loan using the same property as security.

Refinancing is a means of replacing high-interest debt with a loan that has a lower interest rate. But it can also be done in order to switch from a fixed to variable rate, or vice versa, or to eliminate a balloon payment. A cash-out refinancing is one that involves you paying off your loan and borrowing an additional amount. The entire loan amount is secured by a mortgage lien on your home.

Paying off a loan with the money from a new loan which is secured by the same property.

Paying off an existing loan and establishing a new one.

The process of renegotiating the terms of an existing mortgage or paying off the existing mortgage and obtaining a new one.

Applying for a new mortgage in order to gain better terms - usually a lower interest rate.

Refinancing is when someone gets a new loan to replace or pay off an existing loan. This is usually done to get a better interest rate or lengthen the duration of the loan.

A refinancing loan is used to pay off an existing loan, typically to trade a loan with a higher rate for a loan with a lower rate.

The process of repaying some or all of the loan capital of a firm by obtaining fresh loans, usually at a lower rate of interest.

Paying off an old loan while simultaneously taking on a new one secured by the same property.

The process of paying off one loan with the proceeds from a new loan using the same property as security.

Paying off an existing loan by using the proceeds from a new loan. The same property is usually used as collateral. This occurs when the new loan will allow the borrower to save money through lower monthly payments, lower interest rates, or financing costs.

Paying off the existing mortgage and arranging a new one or renegotiating the terms and conditions of an existing mortgage.

the repayment of an existing loan with the proceeds from a new loan.

Replacing a mortgage loan with a new loan.

The process of re-negotiating the terms and conditions of an existing mortgage.

Renegotiating your existing mortgage agreement. May include increasing the principal or paying out the mortgage in full.

Obtaining a second loan to assist in paying off the first loan.

A way of obtaining a better interest rate, lower monthly payments or to borrow cash on the equity in a property that has built up on a loan. A second loan is taken out to pay off the first, higher-rate loan.

The process of replacing an older loan with a new mortgage. Once example might be the replacement of an existing mortgage (with an unfavorable interest rate) with that of a new mortgage with better a rate.

Paying off one loan by obtaining another; generally done to secure better loan terms (such as a lower interest rate).

The repayment of a mortgage with another mortgage. Homeowners typically refinance to take advantage of lower interest rates or to transform equity into cash.

The process of paying off one loan with the money from a new loan using the same property as collateral.

The process of the same borrower paying off one loan with the proceeds from another loan.

Restructuring your home loan to get a lower interest rate or to borrow money from the amount you've already paid on a loan.

Modifying the existing terms of financing through change of amount, rate term, or loan covenant.

Refinancing is a method of saving money by obtaining a lower interest rate or reducing the loan term. Refinancing may also be used to consolidate debts or convert to a fixed loan from an adjustable loan. Because of these various reasons, deciding whether you will benefit from refinancing can be difficult. We are able to assist you with a cost analysis of the process, and can help you to determine the monthly savings and the number of years it will take to break even.

A mortgage refinancing pays off one loan by obtaining another, generally done to secure better a interest rate.

Applying for a new mortgage on your existing home.

The repayment of a loan from the proceeds of a new loan using the same property as collateral.

The borrower pays off one loan with another.

The process of applying for a new mortgage to gain better terms or use of equity.

To provide new financing for an existing loan. The existing loan is paid with the Proceeds from the new loan. Typically the new loan is at a lower rate, or has a longer term than the previous loan.

The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.

Refinancing is the process of obtaining a new loan to replace an existing loan or lease balance.

Obtaining a new mortgage loan that pays off your existing loan.

Paying off an existing mortgage and arranging a new mortgage, often with a different lender.

The act of taking out a second mortgage in order to cover payments on a first mortgage. Most often, the purpose for which homeowners undertake such an action is to derive interest rates that are lower than under the original mortgage or to convert equity in the home into quick money.

Change or extend an existing loan to a new or with your existing lender

Securing a new loan to pay off an existing one, or to gain access to the existing equity in a home.

This is when an individual makes an extension and/or increase in amount of existing debt.

The retirement of existing securities, or the repayment of a debt from the proceeds of new borrowings.

The process of replacing an older loan with a new mortgage that has better terms.

The process of paying off an existing loan and establishing a new loan.

Obtaining a new mortgage loan on a property already owned. Often to replace existing loans on the property.

Paying off an existing loan with another loan or an equity issue, usually to benefit from improved credit terms.

The process of obtaining a new mortgage, usually at a lower rate, to repay and replace an existing mortgage.

The process of paying off one motorcycle loan with the proceeds from a new motorcycle loan. People usually select motorcycle loan refinancing to lower their payment or interest rate.

Same as refunding. New securities are sold by a company and the money is used to retire existing securities. The object may be to save interest costs, extend the maturity of the loan, or both.

The process of the same mortgagor paying off one loan with the proceeds from another mortgage, in some cases taking cash out.

The act of switching from one lending institution to another or extending an existing loan. There are a number of reasons why this is done, including saving on the interest rate.

To replace or extend an existing loan with a new loan from the same or another financial institution.

acquiring a new mortgage loan that has better terms (such as lower interest rate) than the existing one; the old loan is paid off my the new loan

securing a new loan that pays off the current mortgage(s), using the same property as security. Often done to obtain a lower interest rate, or to gain access to equity for cash back.

The act of revising or rewriting a financial arrangement to reflect new and different terms/conditions.

Securing a new loan in order to pay off the existing mortgage or to gain access to the existing equity in the home. Back

process of satisfying one loan with the proceeds of a new loan using the same property as collateral to secure the debt.

Repaying an existing loan from the proceeds of a new loan on the same property.

The process of paying off one loan with the proceeds from a new loan secured by the same property.

A process whereby borrower pays off the original loan through a new loan at different terms is known as refinancing.

The process of paying off one loan by securing a new loan using the same property as security.

To replace or extend an existing loan with funds from the same institution or another.

The process whereby a borrowers pays off one loan with the proceeds from a new loan. When the new loan is just enough to pay off the old loan (and perhaps some of the closing costs) it is referred to as a Rate & Term Re-fi or a No-Cash-Out Re-fi. When the new loan is sufficiently large so that the borrower ends up with some cash at closing, it is know as a Cash-Out Re-fi.

The process of paying off one loan with the proceeds of another loan using the same property as security.

The changing of a loan from one financial institution to another or the rewriting of the terms of a loan contract within the same institution.

The practice by a company of withdrawing existing securities by issuing new securities to save interest costs, consolidate debt or lengthen maturities.

The process of obtaining a new mortgage, usually at a lower interest rate, to replace the existing mortgage.

The paying-off of one loan to replace it immediately with another loan, typically done to obtain a better interest rate.

The process of replacing a mortgage loan by the proceeds of another. This is usually done to receive better rates, terms or receive extra money. ales Agreement Document stating the agreement between buyer and seller of property specifying terms, price and conditions.

paying off one loan by obtaining another; refinancing is generally done to secure better loan terms (like a lower interest rate).

Replacing existing loans with new loans that have different terms. Often called "refi."

Replacing an older mortgage with a new mortgage at better terms. see also Refinance.

The ability to repay an established loan with the monies from a new loan on the same property.

The repayment of one loan with another. Refinancing can be for the remaining principal, or a greater amount (cash-out refinancing).

The renewing of an existing loan with the same borrower and lender. A loan on the same property by either the same lender or borrower.

(known in Britain as Remortgaging) Taking out a new loan to pay off an existing mortgage. This is usually done to obtain a lower interest rate or to borrow further funds against the equity in a property that may have built up since the original purchase.

Increasing the amount of your current mortgage, at a new interest rate. The term of the new mortgage must be equal to or greater than the term remaining on your current mortgage.

Refinancing refers to applying for a secured loan intended to replace an existing loan secured by the same assets. The most common consumer refinancing is for a home mortgage.

Where borrowings (eg: a mortgage) are rearranged, usually with a different lender, in order to obtain more attractive terms or raise fresh capital. See also ‘Remortgagingâ€(tm).

This is where borrowings are rearranging with a different lender, usually to receive more attractive terms or to raise fresh capital.

The lessor finances the leased object himself with money that he raised on the capital market, and a non-recourse sale to banks and savings banks of the rent or lease receivables generated by the leased object.