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Definitions for "Rate and Term Refinance"
Keywords:  refinance, balance, existing, new, unpaid
Related Terms: Mortgage refinance, Refinance, No cash-out refinance, Wraparound loan, Overpayment, Wraparound mortgage, Re-mortgage, No cash out refinance, Open mortgage, Refinancing, Closed mortgage, Flexible mortgage, Remortgage, Gem, Cash-out refinance, Cash-out refinancing, Closed-end mortgage, Portable mortgage, Early redemption penalty, Cash out, Capital and interest mortgage, Riskier solution, Cash out refinance, Mortgage constant, Remortgaging, Underpayment, Early redemption payment, Redemption penalty, Redemption penalties, Amortized mortgage, Repayment mortgage, Buy-down mortgage, Interest-only mortgage, Interest only mortgages, Amortization term, Interest only, Open end mortgage, Flipping, Alternative financing, Redemption, Cashback, Wrap around mortgage, Cash out refinancing, Assumable loan, Cpr, Balloon loans, Discount mortgage, Direct reduction mortgage, Cashback mortgage, Growing equity mortgage
A refinance transaction which is not intended to put cash in the hand of the borrower. Instead, the new balance is calculated to cover the balance due on the current loan and any costs associated with obtaining the new mortgage.
homebuyerfunds.com
a new mortgage loan that pays off in full the sum of the liens noted in the following table
aegiswholesale.com
The refinance of an existing mortgage balance to lower interest rate or change term.
loanlibrary.com
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Keywords:  subject, better, borrower, replaces, getting
a loan where the borrower owns the subject property
go2ozwholesale.com
The borrower replaces a mortgage loan on the subject property with another mortgage loan for the purpose of getting a better interest rate and loan term.
reidepot.com