Refinancing or Sale?

[Ralph Miller]

Hello BP World!

So I am in the process of refinancing my primary home mortgage because it is currently under my personal name and I want to put it under my business name and make the monthly payments significantly less.  To do this, the bank is asking me if I want to show this as a refinance or as a sale?  I have no idea what they mean by this or what would be the benefit of either.  I've googled this topic to the wits end and still no clue.  I am this sole owner of this place and have lived at this place for 2 years and paid down 30% of the current mortgage.  Is there some sort of tax benefit to doing it either way?

Any advice??  Thanks a million!