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Real Estate Glossary


- No cash-out refinance

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No cash-out refinance
The amount of the new mortgage covers the remaining balance of the first loan, closing costs, any liens and cash no more than 1 percent of the principal on the new loan.

Related Terms
Cash-out refinance
Cash flow
Liquid assets
Assets
Sweat equity
Net cash flow
Leverage
Non-liquid asset
Gift
Interest rate buy-down plans

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