Refinancing - Law Dictionary Search Results

refinancing

refinancing paying off one loan by obtaining another; refinancing is generally

and that was incurred for the acquisition, construction, improvement, or refinancing of the residence or through a home equity loan sim·ple

lender agrees to modify the terms of a mortgage without refinancing the loan. Source: U.S. Department of Housing and Urban Development

have the ability to repay. It also pertains to repeated refinancing of a loan charging high interest and fees each time.

that time period elapses, the balance is due or is refinanced by the borrower. Source: U.S. Department of Housing and Urban

sold, title to the property is changed, the loan is refinanced or the borrower defaults on a scheduled payment. Source: U.S.