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Refinancing is the process of replacing an existing mortgage with a new loan.

More about student loan refinance

Refinance means "take out a new loan to repay the existing loan".

Refinance means "take out a new loan to repay the existing loan".

Refinancing is replacing old loans with new loans and continue to pay off debts.

University of California, San Diego (UCSD or UC San Diego) is a public land-grant research university in San Diego, California.

Founded in 1891, The California Institute of Technology(Caltech) is located in Pasadena, the Northeast suburb of Los Angeles, California, about 11 miles northeast of downtown Los Angeles. It is one of the world's top private research universities.

University of California, Berkeley (UCB), located in Berkeley in the San Francisco Bay Area, is one of the world's top public research universities. It is known as the "Public Ivy League" and has a particularly high reputation in the academic world.

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.