Refinance

refinance risk
risk that a bank will be unable to refinance maturing deposit liabilities when they come due at maturity, at acceptable prices and terms.

Refinance
1. When a business or person revises their payment schedule for repaying debt.
2. Replacing an older loan with a new loan offering better terms.

Refinance Transaction
The process of paying off one loan with the proceeds from a new loan using the same property as security.

INTERIM REFINANCE - An ill-advised scheme to avoid a prepayment penalty by refinancing twice instead of...
INTERIM STATEMENT - a financial report covering only a portion of a fiscal year (prepared by accountant...

Mortgage Refinance
A mortgage refinance occurs when a borrower pays down an existing loan (mortgage) using the proceeds from a new loan.

48-month refinance auto loan
A 48-month refinance auto loan is a form of financing that replaces an existing auto loan. The fixed monthly principal and interest payments are structured so that the loan will be paid off in four years.

Mortgage and Loan Definition - Mortgage refinance
When you take out a remortgage the action of refinancing the existing mortgage with a new one is known as a Mortgage refinance
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Refinance - Obtaining a new mortgage with all or some portion of the proceeds used to pay off the original mortgage.

Refinance (Real Estate):
To pay off (discharge) a mortgage and any other registered encumbrances and arrange for a new mortgage with the same lender.
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refinance: to replace one loan with another, especially at a lower rate of interest.

Refinance:
(1) Paying off existing debts with new (and cheaper) loans.

Refinance Mortgage
What about get rid from your monthly high payments to a lower one? How that would be if on the same time you get some extra cash to spend?
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Refinance
Refinance means clearing the current loan with the proceeds of a new one and using the same property for collateral.
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Refinance
Paying off an old loan while simultaneously taking a new one. This may be done to reduce borrowing costs under conditions where the borrower can obtain a new loan at an interest rate below the rate on the existing loan.

Refinance. Revising a payment schedule to reduce monthly payments or to modify interest charges. In banking, extending the maturity date or increasing the amount of existing debt, or both.

refinance: The act of taking out a new mortgage loan to pay off an existing mortgage, usually to take advantage of lower interest rates or to accelerate the payment schedule.

refinance
To arrange a new loan for an increased amount whereby the old loan is paid off from the proceeds of the new loan.
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EQUITY REFINANCE The borrower obtains a new loan, taking cash out of the equity which has built up in the original loan, resulting in a larger loan balance than the original loan. Also called "cash take-out refinance." ...

Refinance Auto Loans With Bad Credit - 4 Tips To Follow
by Yasir Saeed
If you are facing debt crisis due to higher interest rates and monthly payments on your auto loans, then it is a wise idea to consider getting it refinanced.

Refinance
If market interest rates drop below the rate you paid when you took a fixed-rate mortgage or other long-term loan, you may refinance the loan to take advantage of the lower rate.

Refinance Wave
A situation where a large amount of mortgage refinancing occurs as a result of a drop in interest rates. The larger the drop in rates, the larger the "wave".

Refinancement
Nouvelle émission de titres d'une société ou d'un gouvernement dont le produit sert à rembourser des emprunts existants.

A refinanced home loan in which the balances on all mortgages are combined into one loan.
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See REFINANCE.
NONRECOURSE LOAN
A LOAN in which the borrower may have pledged collateral, but the borrower is not held personally liable.

Why: Refinance to a fixed rate loan while mortgage rates are still low.
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Why: Because FHA loans are insured by the US Federal Government they have very competitive interest rates and are easier to qualify.
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Refinance: 1) To change a loan from one financial institution to another, or to rewrite the terms of a loan contract within the existing lending institution. 2) The payment of a debt from the proceeds of a new loan, ...

Can you refinance with no job but a lot of equity? Read answer...
Does a lawyer get paid a lot for his job? Read answer...
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Cash Out Refinance : A type of loan wherein an existing loan is refinanced and the borrower is allowed to receive cash in addition to the amount of the home loan.

Cash-Out Refinance
A refinance transaction in which the borrower receives additional cash that can be used for any purpose.

Cash-Out Refinance: when a borrower refinances a mortgage at a higher principal amount to get additional money. Usually this occurs when the property has appreciated in value.

7- Should I refinance my home?
To clarify, refinancing a home means negotiating for a new mortgage at a lower rate for a different term.

Home Mortgage Refinance
Refinancing your home mortgage allows you to shorten the term of the loan and reduce your monthly mortgage payments.

Obligations to be Refinanced deserve special consideration. A long-term debt may have an upcoming maturity date within the next year. Ordinarily, this note would be moved to the current liability section.

And if you move or refinance before the interest rate is adjusted - the typical mortgage lasts only seven years - you don't have to worry about rates going up.

This loan category does not include commercial account overdrafts, but may be created to finance payments affected under a commercial letter of credit, to finance payments of collections or to refinance a maturing loan.

Takeout A financing to refinance or take out another loan. Takeover General term referring to transfer of control of a firm from one group of shareholders to another group of shareholders.

Threshold for refinancing The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage, ...

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The model assumes that borrowers are far less likely to refinance a new mortgage than they are to refinance an older mortgage. Thus the PSA model builds in an assumption of a 30-month phasein or ramp-up of prepayments.

President Obama has announced another program for Americas to refinance to even lower interest rates at almost no cost or fee.

Homeowners may refinance to reduce their mortgage expense if interest rates have dropped, to switch from an adjustable to a fixed rate loan if rates are rising, or to draw on the equity that has built up during a period of rising home prices.

'Re-amortization' or restarting the amortization schedule via a refinance causes the entire schedule to restart: the new loan will be 30 years from the refinance date, and initial payments on this loan will again be largely interest, not principal.

Whether there has been a change in method of accounting where a related refinance company is used to defer income.

Refinance The system of borrowing by a bank or other financial intermediary from an apex institution or the CENTRAL BANK of a country, on the strength of its loans or financial ASSETS.

There are lots of different reasons why people may refinance, from saving on interest to extending the terms of the loan.

Similar to when a homeowner seeks to refinance a mortgage at a lower rate to save money when loan rates decline, a bond issuer often calls a bond after interest rates drop, ...

The issuer usually retains this right in order to have flexibility to refinance the bond in the future if the market interest rate drops below the coupon rate.

Their homes are suddenly worth a great deal more, and if they need to refinance, the rising value of their home may make this possible.

If you had such a mortgage and you refinanced it after that date, the new mortgage is treated as grandfathered debt to the extent of the principal balance remaining on the pre-October 13, 1987 loan.

When interest rates are down, the interest rates on mortgages and other loans are much lower, making it a good time to buy or refinance a home or make other large purchases.

Most borrowers assume they will refinance before the principal needs to be repaid, and the monthly payment increases. If they can't refinance, they often are forced to default because they can't make the higher payment.

A financing device that permits an existing loan to be refinanced and new money to be advanced at an interest rate between the rate charged on the old loan and the current market interest rate.

Short-term debt that is renewed and refinanced constantly to fund capital needs of a firm or institution.
Floating lien
General attachment against a company's assets or against a particular class of assets.

Search all kind of loans from Florida home equity loans to Arizona refinance mortgage rates at LoansPlanet.com.
For those seeking UK loans, visit the Loan Store to search tenant and secured loans with one short loan application form.

Moreover, on the occasions when the government does not have a budget deficit, it still sells new debt to refinance the old debt as it matures. Most of the debt sold by the U.S.

PREPAYMENT RISK The possibility that, as interest rates fall, homeowners will refinance their home mortgages, resulting in the prepayment of GNMA securities, and possible decline in net asset values of GNMA Funds.

Energy improvement mortgages are available when a house is being purchased or refinanced.

Consider what poorly rated consumers face when they want to lease or buy vehicles, obtain credit cards, buy or lease or refinance their residence.

Mortgagors tend to prepay mortgages so they can refinance when mortgage rates drop. By acting in their own best interest, mortgagors act to the detriment of the investors holding the mortgage pass-through.

Open Mortgage: A mortgage that can be paid-off, refinanced, or renewed at any time, without any penalty. Also known as a open-end mortgage.

See also: Fraud, Home equity loan, Line of credit, Mortgage Broker, APR