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What is the difference between a refinance cashback offer and a regular cashback offer?

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A refinance cashback offer is a specific type of cashback offer that is available to borrowers who refinance their existing mortgage. The cashback offer is usually a percentage of the loan amount and is paid to the borrower at the time of settlement.

On the other hand, a regular cashback offer may be available to borrowers who take out a new mortgage or loan, such as a personal loan or car loan. The cashback offer is also usually a percentage of the loan amount and is paid to the borrower at the time of settlement.

The key difference between these two types of cashback offers is that a refinance cashback offer is only available to borrowers who are refinancing their existing mortgage, while a regular cashback offer may be available to borrowers who are taking out a new mortgage or loan.

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