Outrageously Funny Word Dictionary :: Reloaning

👉 Reloaning is a legal process used to change the terms of an existing mortgage loan. It involves a lender providing the borrower with a new, lower interest rate on their existing loan. This can be done through refinancing or by using a government-sponsored enterprise (GSE) such as Fannie Mae or Freddie Mac. The goal of reloaning is to reduce the monthly payments and improve the borrower's financial situation.

reloaning