Refinancing is the process of replacing an existing mortgage with a new loan.
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Refinance means "take out a new loan to repay the existing loan".
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Refinancing is replacing old loans with new loans and continue to pay off debts.
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Let’s look at the typical steps you’ll take to refinance a personal loan.
Depending on the specificity of the mortgage, the mortgage can be divided into a general mortgage and a special mortgage.
