cash-out refinancing

Definition

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.

Copyright©2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization

security
accounts receivable
quick ratio
financial leverage
accounts payable

Related Personal Finance Articles

Loading...

cash-out refinancing in the news

Loading...

Tools

cash-out refinancing is ...

... part of the Lending & Credit and Real Estate subjects.

Nearby Terms

cash-balance plan
cashbook
cashier's check
cashless exercise
cash-on-cash return
cash-out refinancing
casualty insurance
casualty loss
CAT bond
catastrophe bond
catastrophe call

Search volume for cash-out refinancing

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©