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3. Mtge. payment-lowering option

Alternative clues for the word refi

• Lower one's pmts., perhaps
• Lower one's A.P.R., perhaps
• Get a new loan, slangily
• New home loan deal, in short
• Homeowner's way to raise money, briefly
• Altered loan, briefly
• S&L offering for homeowners
• Get a better deal on the mortgage
• Mortgagor's option, briefly