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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Unsubsidized Loan: How It Works vs. Subsidized
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Student Loan Rehabilitation: How to Remove a Default from Your Credit Report
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Loan to Value (LTV): Definition, How It's Calculated, and Why It Matters
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Student Loan Deferment: Options, Impact & Alternative Strategies
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Learn About Refinance
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Can You Refinance Your Home After Bankruptcy?
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Best Auto Loans For Bad Credit in 2026
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How to Lower Monthly Payments
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Pros and Cons of a Home Equity Loan
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How Fast Will a Car Loan Raise My Credit Score?
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Can You Refinance a HELOC?
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How Many FHA Loans Can You Have?
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What Is the Average Pharmacy School Debt in 2026?
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How Many Mortgages Can You Have?
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