refinancing

verb (used with object), re·fi·nanced, re·fi·nanc·ing.

1. to finance again.
2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.
3. to increase or change the financing of, as by selling stock or obtaining additional credit.

noun

1. a method of paying a debt by borrowing additional money thus creating a second debt in order to pay the first