You have a fixed-rate mortgage with a high interest rate, and are looking to get a lower interest rate
You have an adjustable rate mortgage (ARM) and are looking to get a fixed rate
You have two mortgages and would like to consolidate them into one
You have a long-term loan and would like a shorter-term loan so you can pay it off and build equity more quickly
You have a short-term loan and would like a longer-term loan so as to reduce your
monthly payments
You want to move from an interest-only mortgage to a loan that pays down the principal
You want some extra cash to make a purchase or to pay off other debt