Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Refinance Transaction
Fannie Mae
Updated 10-31-2026
Refinance Transaction
The repayment of a debt from the proceeds of a new loan using the same property as security. Fannie Mae also considers the current owner's placement of financing on a property that is not financed as a refinance transaction.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 40–41
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