Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Refinance
California Association of Realtors
Updated 10-31-2026
Refinance
Obtaining a new mortgage loan on a property already owned. Often to replace existing loans on the property.
California Association of Realtors Glossary
California Association of Realtors · p. 11
FreddieMac
Updated 10-31-2026
Refinance
Getting a new mortgage with all or some portion of the proceeds used to pay off the original mortgage.
FreddieMac Glossary
FreddieMac · p. 12
FTC
Updated 10-31-2026
Refinance
Getting a new mortgage with all or some portion of the proceeds used to pay off the prior mortgage.
FTC Real Estate Terms
FTC · p. 15
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