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Refinance Loans
Loan Offers, Articles, Calculators, Tools, Rates, and AdviceWhat is a refinance loan?
The process of obtaining a new loan to pay off an existing loan.
Refinancing is done for many reasons including, but not limited to: replacing
higher-interest debt with a loan that has a
lower interest rate; to switch from a
fixed to
variable rate loan, or vice versa; or to eliminate a
balloon payment. A
cash-out refinancing is one that involves you paying off your loan and borrowing an additional amount which you actually receive in hand to spend as you deem fit. In a refinance, the entire
new loan amount is usually always
secured by a lien on your home.
Also see Auto Refinance options.
Also see Auto Refinance options.
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