refinanced (Meaning)

refinanced

to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule, a revision of the terms of a debt obligation (as a mortgage), to renew or reorganize the financing of, to renew or reorganize the financing of something, to finance something anew, a financing of something anew

refinanced Sentence Examples

  1. The homeowner refinanced their mortgage to secure a lower interest rate.
  2. The company refinanced its debt to consolidate several loans into a single, more manageable obligation.
  3. The bank refinanced the loan to extend the repayment period and reduce monthly payments.
  4. The borrower refinanced their student loans to take advantage of a lower variable interest rate.
  5. The government refinanced its national debt to reduce interest payments and free up funds for other programs.
  6. The property owner refinanced their commercial loan to fund renovations and expand their business.
  7. The investor refinanced their portfolio to diversify their assets and mitigate risk.
  8. The lender refinanced the loan to improve the borrower's credit score and increase their chances of loan approval in the future.
  9. The retiree refinanced their reverse mortgage to access a lump sum of cash for retirement expenses.
  10. The organization refinanced its bonds to secure a lower coupon rate and reduce its cost of borrowing.

FAQs About the word refinanced

to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule, a revision of the terms of a debt obligation (as a mortgag

patronized, aided, sponsored, capitalized, funded, underwrote, advocated, cofinanced, co-financed, backed

defunded,,

The homeowner refinanced their mortgage to secure a lower interest rate.

The company refinanced its debt to consolidate several loans into a single, more manageable obligation.

The bank refinanced the loan to extend the repayment period and reduce monthly payments.

The borrower refinanced their student loans to take advantage of a lower variable interest rate.