What types of loans can be refinanced (e.g. mortgage, auto loan, student loan)?

Several types of loans can be refinanced, including:

1. Mortgage loans: Refinancing a mortgage loan involves replacing an existing mortgage with a new loan that has different terms, such as a lower interest rate, shorter loan term, or a switch from an adjustablerate mortgage to a fixedrate mortgage.

2. Auto loans: Refinancing an auto loan involves replacing an existing auto loan with a new loan that has different terms, such as a lower interest rate or a longer loan term.

3. Student loans: Refinancing student loans involves replacing one or more existing federal or private student loans with a new private student loan that has different terms, such as a lower interest rate or a longer repayment term.

4. Personal loans: Refinancing personal loans involves replacing an existing personal loan with a new loan that has different terms, such as a lower interest rate or a longer repayment term.

5. Business loans: Refinancing business loans involves replacing an existing business loan with a new loan that has different terms, such as a lower interest rate or a longer repayment term.