- refinances
- v. provide financial support again, provide additional funds or credit (Economics)
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
Loan Purpose — Pertaining to mortgages and their risk based pricing factors, the loan purpose factor is sub categorized by purchase, Rate term refinance and cash out refinance.Lenders assess that a purchase loan contains the least amount of risk and thus price… … Wikipedia
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Rate And Term Refinance — The refinancing of an existing mortgage for the purpose of changing the interest and/or term of a mortgage without advancing new money on the loan. This differs from a cash out refinance, in which new money is advanced on the loan. Rate and term… … Investment dictionary
refinance — [[t]ri͟ːfaɪnæ̱ns[/t]] refinances, refinancing, refinanced VERB If a person or a company refinances a debt or if they refinance, they borrow money in order to pay the debt. [V n] A loan was arranged to refinance existing debt... It can be costly… … English dictionary
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