be able to refinance

USAGE SUMMARY

The phrase "be able to refinance" is correct and usable in written English.
You can use it when discussing the possibility or capability of obtaining a new loan to pay off an existing one, typically in the context of mortgages or other types of loans. Example: "If interest rates drop, I hope to be able to refinance my mortgage for a lower monthly payment."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

You'll be able to refinance".

The New York Times - Magazine

The insurer might at some point be able to refinance that.

The New York Times

"If it continues the same way, the companies should be able to refinance their facilities.

The New York Times

Many recent graduates will be able to refinance their loans and lock in the low rates.

The New York Times

Chuckling, he told her, "Lady, you're not going to be able to refinance".

The New York Times

By the time the penalty expires, he may not be able to refinance.

The New York Times

Now, Kraft should be able to refinance the bridge loans more cheaply than it could have hoped back in September.

The New York Times

So even though its performance is less than stellar, Morgans should be able to refinance its debt.

The New York Times

They must also disclose that borrowers have no guarantee they will be able to refinance to lower the monthly payments.

The New York Times

Fewer consumers would be able to refinance their mortgages and use any leftover money for other things.

The New York Times

If the credit and housing markets were more buoyant, these people might be able to refinance their loans or sell their homes.

The New Yorker

Expert writing Tips

Best practice

In financial contexts, use "be able to refinance" when you need to express the possibility of securing better loan terms in the future.

Common error

Avoid implying guaranteed refinancing. Market conditions and individual financial situations can change, making it impossible to "be able to refinance" even if it seems likely now.

Linguistic Context

The phrase "be able to refinance" functions as a modal verb phrase indicating the potential or capacity to obtain a new loan to replace an existing one, typically to secure better terms. As Ludwig AI confirms, it expresses a possibility within financial contexts.

Expression frequency: Very common

Frequent in

News & Media

75%

Formal & Business

15%

Wiki

5%

Less common in

Science

2%

Encyclopedias

1%

Reference

2%

Ludwig's WRAP-UP

In summary, "be able to refinance" is a common and grammatically correct phrase used to express the possibility of obtaining a new loan to replace an existing one. Ludwig AI confirms its usability and relevance. It's frequently found in News & Media and Formal & Business contexts. To ensure accuracy in your writing, remember to consider the specific conditions that would allow one to "be able to refinance", and avoid implying guarantees due to fluctuating market conditions. Alternatives such as ""have the opportunity to refinance"" or "qualify to refinance" can offer nuanced meaning, but the original phrase maintains broad applicability.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

have the opportunity to refinance

This alternative emphasizes the availability of a chance or occasion to refinance.

have the option to refinance

This alternative highlights the choice or possibility of refinancing.

be eligible to refinance

This alternative focuses on meeting the requirements or qualifications for refinancing.

qualify to refinance

This alternative suggests meeting specific criteria to be approved for refinancing.

be in a position to refinance

This alternative conveys being in a favorable or suitable situation to refinance.

manage to refinance

This alternative indicates successfully refinancing, possibly overcoming challenges.

succeed in refinancing

Similar to "manage to refinance", this highlights a successful outcome.

be permitted to refinance

This alternative suggests having authorization or permission to refinance.

gain access to refinancing

This alternative emphasizes obtaining the means or resources for refinancing.

secure refinancing

This alternative focuses on obtaining or ensuring refinancing.

FAQs

How can I use "be able to refinance" in a sentence?

You can use "be able to refinance" to describe the possibility of obtaining a new loan to replace an existing one, often with better terms. For instance, "If interest rates drop, I hope to "be able to refinance" my mortgage."

What are some alternatives to "be able to refinance"?

Alternatives include "have the opportunity to refinance", "have the option to refinance", or "be eligible to refinance", depending on the specific nuance you want to convey.

What factors determine if I will "be able to refinance"?

Eligibility to refinance depends on factors like your credit score, current interest rates, loan-to-value ratio, and income stability. Lenders assess these factors to determine the risk of offering you a new loan.

Is there a difference between "be able to refinance" and "qualify to refinance"?

"Be able to refinance" broadly indicates the possibility of refinancing, while "qualify to refinance" specifically means meeting the lender's requirements for approval. You might aspire to "be able to refinance", but you must "qualify to refinance" to actually get the new loan.