Galaxy Lending Group's Blog

Loan Limits

Home values have been on the rise for a few years now, and while this is a benefit for homeowners and sellers, it isn’t the only good thing resulting from rising values. For buyers and sellers who have yet to refinance, those higher prices have increased loan limits. The baseline conforming loan limit is tied… Read More


refinancing

Refinancing is a way to lower your monthly payments and free up some cash. You can refinance your mortgage, your car loan, or a personal loan. By refinancing outstanding loans to a new and lower rate, you pay a lower monthly payment. But, the downside is that refinancing a loan may have an effect on… Read More


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Wondering about the ins and outs of real estate, but don’t know where to start? It doesn’t take a tenured agent to recognize a few well-known real estate myths and understand why they are false.   1)    MYTH: Looking at homes is the best place to start. Simply getting started can be one of the… Read More


savings

A savings plan may be daunting, when it isn’t difficult, just takes commitment. Analyze where you are in this moment, and picture where you want to be. However, having a plan is essential, and there are many benefits to opening a savings account now.   There are advantages for first-time openers, and a savings account… Read More


Cryptocurrency

A cryptocurrency, or crypto for short, is a digital currency that can be used to buy goods and services, just like any other currency. This works using a technology called “blockchain”, which is a decentralized technology spread across computers that manage and records transactions. In recent news, cryptocurrency is on the rise. The popularity stems… Read More


Foreclosure

Nobody wants to hear the term “foreclosure” in regard to their home or property. This unfortunate process begins once someone falls behind on their mortgage payments, which pushes them into a “default”. Once a mortgagor enters the stage of default, they begin to accumulate late fees, legal fees, and other charges added to the outstanding… Read More