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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
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Cash-out refinance:
The refinancing of a mortgage in which the money received from the new loan is greater than the amount due on the old loan. The borrower can use the extra funds in any manner.
As defined by Inman
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See Also:
» No cash-out refinance
The definition for Cash-out refinance and
this glossary as a whole are presented to you as a courtesy of ForeclosuresMass.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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