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no cash out refinance

Refinancing of a mortgage designed to cover only its remaining debt and fees for getting a second loan.

Related information about no cash out refinance:
  1. No Cash-Out Refinance Definition | Investopedia
    The refinancing of an existing mortgage for an amount equal to or less than the existing outstanding loan balance plus an additional loan settlement cost.
     
  2. No Cash-out Refinance Mortgages - Freddie Mac
    No Cash-out Refinance Mortgages. Consolidate higher-rate seconds into one, lower-rate loan. Being competitive in today's mortgage market means offering ...
     
  3. No Cash-Out Refinance | Mortgage Reference Library
    A No Cash-Out Refinance is a transaction in which the new mortgage amount is limited to the sum of the remaining balance of all existing mortgages, closing ...
     
  4. Why Is This Mortgage Refinance "Cash-Out"? - Mortgage Professor
    Jun 9, 2003 ... Their rules define a cash-out refinance by exclusion, i.e., they define an ordinary or no-cash-out refinance, and any refinance that does not ...
     
  5. What Is A No-cash Out Refinance? | LIVESTRONG.COM
    Jan 26, 2010 ... What Is A No-cash Out Refinance?. A no cash-out refinance loan assists buyers in lowering the interest rate and home payment when ...
     
  6. No Cash Out Refinance
    Changing an existing mortgage by selecting no cash out refinance could be a good tool for individuals who want to lower the current interest rate on the initial ...
     
  7. Section B. Maximum Mortgage Amounts on No Cash Out ... - HUD
    Mar 24, 2011 ... No Cash Out Refinance Transactions With an Appraisal ... The maximum mortgage for a no cash out refinance with an appraisal (credit ...
     
  8. No Cash Out Refinance Loan| The Homeowner's Café
    No cash out refinance is a loan used to lower an interest rate, move to a fixed interest rate, or change the term of the loan. See Zions Bank rates.