Galaxy Lending Group's Blog

rent or buy

There are many questions to ask yourself when considering to rent or buy property. In fact, that choice is one of the biggest financial decisions that adults make! But the costs are varied and complicated, which makes it difficult to decide the better deal. Real estate ownership is a prized investment that helps build equity… Read More


Save Money

Gifts. Parties. Travel. Food. It’s no secret that the holidays are an expensive season, and the costs of the festivities are unavoidable. There is often a pressure to give great gifts, make all accommodations, and be the life of the party, but no cost is worth the price of post-holiday debt or financial struggles in… Read More


home

While the thought of selling your home during the holidays may reduce your holiday joy and festivities, consider the advantages. Typically thought to be a poor time to put your home on the market, when it comes to the holidays the ideal time to sell your home is in the spring. Many homebuyers settle down… Read More


mortgage

Unless you’re a realtor or a home buying pro, mortgage lingo might sound like a foreign language. In fact, 40% of home buyers didn’t know any home buying terms at all, and millennials aged 25-34 were the least likely to know any home buying terms. Amortization was the most confusing and down payment was the… Read More


appraisal

An inspector and an appraiser have a different set of skills and are trained and certified in different processes with different areas of expertise. However, there are a few things in common when it comes to home inspection and home appraisal, like that they both benefit the homeowner and the lender, as they ensure the… Read More


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