What is refinancing? A. Financing a real estate purchase B. Purchasing a vehicle on credit C. Applying for a second loan D. Paying off a current mortgage with another mortgage S…

Question

asked Nov 13, 2021 3.5k views

1 Answer

Neji Soltani · Answer 1 · 2021-11-18T03:25:23+0000

Answer:

D. Paying off a current mortgage with another mortgage.

Explanation:

Refinancing is when someone pays off their current mortgage with a new mortgage payment.