Citing a Print Dictionary in MLA Format. 1  1. State which word you defined. The word should be capitalized an enclosed in quotation marks. 2  2. Indicate the definition number. If the term has more than one definition in the dictionary, indicate which definition you used. 3  3. Identify the dictionary you used to define the word.
Paying off your mortgage faster via a cash-in refinance is a smart way to build equity while potentially securing a lower rate. If you have an FHA loan, though, you must wait at least 6 months before refinancing with the FHA streamline program.
The first is that your existing mortgage may have a prepayment penalty, particularly if you took it out less than one year ago. If your current mortgage was a no cost mortgage or refinance, you'll probably have a prepayment penalty if you refinance within less than three to five years.Prepayment penalties can be steep-often equal to six month's interest charges on your current mortgage.he general rule of thumb is that you don't refinance unless you can save at least a full percentage point off your current interest rate. In reality, however, the key question is whether you can reduce your interest rate enough to offset your closing costs-and that depends on how long you plan to stay in the home.