Refinance
Refinancing refers to the process of replacing an existing loan with a new loan that has better terms or a lower interest rate. This can be a useful strategy for borrowers who have improved their credit score, have built up equity in their home or other asset, or are looking for a way to lower their monthly loan payments. Continue Reading Below
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Discover the definition of financial terms related to refinance.

What is a Home Equity Investment Agreement (HEA/HEI)?
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Student Loan Deferment: Options, Impact & Alternative Strategies
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Learn About Refinance
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Best Auto Loans For Bad Credit in 2026
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Cash-Out Refinance with Bad Credit: How to Qualify and What to Expect
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Can You Refinance a Piggyback Loan?
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What Are Mortgage Points? (Discount Points Explained for Homebuyers)
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