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Pre-Arranged Refinancing Agreement
January 19, 2023
An agreement made between the lender and borrower (formal or informal) for any future refinancing as an incentive to enter into the initial mortgage transaction.
Related Topics
When Is the First Mortgage Payment Due?
What Does Foreclosure Mean?
What Is a HELOC Loan?
Loan Default
Financial Considerations (For First-Time Home Buyers)
Mortgage Loan Types
Payment and Debt Ratios
Home Value: Appraised, Estimated, Actual