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refinance
(redirected from refinances)

   Also found in: Legal, Financial 0.01 sec.
re·fin·ance  (rf-nns, r-fnns)
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 mortgage with the proceeds from a new mortgage obtained at a lower interest rate.

re·finance n.
refi·nancer, refin·an·cier (-fn-n-sîr, -f-nn-) n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.refinance - renew the financing of
finance - obtain or provide money for; "Can we finance the addition to our home?"

refinance
verb take on a loan, borrow, remortgage It can be costly to refinance.
Translations
refinance [rːˈfaɪnæns] VTrefinanciar
refinance [ˌriːfaɪˈnæns]
vtrefinancer
vise refinancer


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Sub-prime loans are available for second mortgage refinances and even with adverse credit, you may be able to lower the amount of interest you pay on your second mortgage.
For example, if the old mortgage was $100,000, and a homeowner refinances and borrows $10,000 from the equity, the new mortgage principle totals $110,000.
 
 
 
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