Refinance Transaction
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
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. 39–42
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