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OppLoansFAQs | MaestroRefinanceCan I refinance my loan more than once?

Can I refinance my loan more than once?

Yes. Once you meet the eligibility requirements on your refinanced loan, you can apply to refinance again to receive additional funds. However, this means more money to pay back plus interest, and this may not always be the best option.

Before you refinance your loan, ensure that doing so makes sense for your unique financial situation. Ask yourself:

  • Do I need to borrow this money?
  • Can I afford to make the scheduled payments?
  • Do I have other credit options?

If you are considering refinancing your loan to lower your payment amounts, you may want to speak with a member of our Payments department at (855) 408-5000 to discuss whether repayment options and potential assistance on your current loan are a better option.

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