What is the Definition of Refinance?



Definition: An event resulting in a refinance of an existing mortgage note. Usually, the purpose for which the loan request is being completed; options include Purchase, Refinance, Construction.

Pages that Mention Refinance

Freddie Mac Supplemental Apartment Loans

The Freddie Mac supplemental loan program provides split and seasoned options. With a seasoned supplemental loan, obtain financing in addition to an existing loan without the cost of a full refinance.

Fannie Mae Fixed Rate Apartment Loans

Fannie Mae’s Multifamily Mortgage Business offers financing options for loans with fixed-rate options for the acquisition or refinance of apartments or other multifamily properties.

Commercial Loan Calculators

Here are some commercial loan calculators to help make educated decisions in the commercial lending process including monthly payment, refinance, and prepayment calculators.

Senior Housing Loans Freddie Mac

his type of loan is for the acquisition or refinance of senior housing properties including: independent living communities, assisted living communities, skilled nursing or memory care facilities.

Commercial Mortgage Refinance Calculator - Should I Refinance?

Commercial mortgage refinance calculator. Calculate the economic impact of refinancing your commercial mortgage with our tool

Commercial Loan Refinance | Apartment Mortgage Refinancing | Refinancing Calculator

Commercial Loan Refinancing- We provide real estate refinance mortgages nationwide. Our Company strives to offer the lowest rates in the marketplace.

SBA 504 Loans - SBA 504 Refinance - View Interest Rates

SBA 504 loans from Commercial Loan Direct. Offering refinancing, lowest rates and lowest closing costs

FHA Apartment Loans

FHA stands for the Federal Housing Administration. It is a federally guaranteed mortgage program under the Government’s Department of Housing and Urban Development, also known as HUD.  FHA loans can be used for the purchase, refinance, construction or substantial rehabilitation of either multifamily or healthcare properties.

Fannie Mae Small Balance Apartment Loans

Fannie Mae’s Multifamily Mortgage Business offers financing options for loans up to $3 million for the acquisition or refinance of apartment buildings and other multifamily properties.

CMBS Commercial Loans

CMBS loans can be used for the purchase or refinance for Commercial Real Estate properties, including Hotels, Industrial, Office, Multi-family, Medical, Mixed-Use, Retail, and Self-Storage

Other Definitions