NLIC.org

Kathryn Said:

Other than Mortgage Insurance, are there fees that wouldn't be added to a home loan (P&I) if you put 20% down?

We Answered:

You don't have to pay your taxes monthly, you can elect to pay them only twice a year. It may help some people with cash flow.

Nellie Said:

I give my parents cash for them to pay all their bills & their home mortgage. Can I claim them as dependents?

We Answered:

you should be able to declare them as dependents, but they need to know this so that they don't declare themselves as non-dependents and take the standard deductions.