to refinance
- verb
- /ˌriːˈfaɪnæns/
- After several unsuccessful attempts with their bank to refinance their home, Gary did not know where to turn next.
- refinance a mortgage
- refinance a loan
- refinance debt
And generally people tend to move or sell their house or refinance every seven years.
- And generally people tend to move or sell their house or refinance every seven years.
- Burst strategy stands for buy, renovate, rent, refinance and repeat.
- And so they have to constantly refinance it.
- With the country's revenue slashed and credit rating falling, the government's struggle to refinance its foreign debt.
- It's really hard and so our plan was take Blockbuster, private, refinance the debt.
- And every five years you essentially refinance and rebuild and, and build up leverage up your portfolio.
- I then go to the multiple bank banks and I refinance, start refinancing all these these properties multiple times.
- But mostly they refinance that bridge loan with the, the, the, the cash flow of the company they've acquired.
- So the average loan officer, they refinance loans or they get new loans for a person that's buying a new purchase, right?
- People often aim to refinance at that point to lock in for another two or five years.
- OK, that house today, you know, I, I refinanced it and, and got some cash out a couple of years ago when rates were low.
Examples
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Would it be smart to refinance to lower the house payment to cover medical expenses in the future?
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I decided to refinance my mortgage to take advantage of the lower interest rates.
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Where you get in massive trouble is if during that kind of economic period, you basically have to refinance your debt.
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Bridge Credit Solutions is helping me so I can refinance so I can get the mortgage.
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So more years go by and then Chris and I finally have enough money to refinance the house.
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Do you think I should refinance my mortgage based on these circumstances?
Blog text (6) -
Because of Western sanctions, Russian companies are unable to refinance the massive debt they owe to Western banks.
Academic text (2015) -
My housemate, a single female, is in the process of trying to refinance her mortgage.
Academic text (1996) -
My wife and I recently refinanced our home and closed, going through Global Unity this time.
Blog text (5) -
Italy and Spain together must refinance hundreds of billions of euros in debt this year.
Blog text (8)
Phrasal Verbs
To replace a current home loan with a new one to get lower monthly payments or a lower interest rate
How Extensive
Surface Forms
Morphology
Etymology
Refinance is made of re- meaning 'again' and finance meaning 'money' or 'funding', so it literally means to get money 'again'. So, to refinance is to arrange a new loan or replace an old loan with different terms, often to get a lower payment.