FT MarketWatch

Cash-out refinancing

The process of taking out of a new Mortgage at an amount that exceeds the existing Balance on the current Mortgage in Order to refinance the original Mortgage and receive additional Cash for other use.

Related Terms: 9 Balance, Cash, Finance, FIN, Mortgage, Order, Rent, ROC, ROCE
Other Related Pages: Category: Real_Estate Starting With: C
Semi Related Terms: 544 CLICK HERE TO VIEW
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