Refinance March 20, 2025 - By 4idiotz « Back to Glossary Index To obtain a new loan to replace an existing one, usually with better terms.Search the WebRelated Articles:Who Qualifies for a Reverse Mortgage?Are There No-Income-Verification Mortgage Options?What Are Non-QM Mortgage Lenders?What Mortgage Options Exist for Second Homes?The Fed’s cut won’t lower rates instantly, but they’re coming.« Back to Glossary Index