It helps to understand the main differences between fixed rate and adjustable rate mortgages, as having the basics down will allow you to ask the right questions when it comes time to compare rates.… Read More
Galaxy Lending Group
Owning a rental property if done correctly, is a great way to make passive income and set yourself up for early retirement. There is also the benefit of capital gains, which means the revenue from your rental property could be tax-free. But before you go out and buy a rental, we have a few things… Read More
But owning a home as we all know, can be a big responsibility. When it comes to buying a home, there are several personal factors you should consider, like income, location stability, and commitment.… Read More
The Galaxy Lending team loves working with first-time buyers, and we will ensure that you feel comfortable throughout the entire process. You may be an experienced house or apartment renter or you’re taking the leap from mom and dad’s basement, regardless, buying your first house is important.… Read More
Just as with any other purchase, failure to shop around the marketplace before settling on a lender is apt to cost you money. And when it comes to mortgages, those costs can really add up. For example, on a 30-year mortgage, a difference in just one-half of one percent interest would increase your monthly payment… Read More
But when exactly is the right time to consider a refinance? There are some important considerations when deciding whether to refinance. For most homeowners the main purpose of refinancing is to either shorten the term of the loan, reduce the monthly payments, switch between a fixed-rate or adjustable-rate loan, or use home equity.… Read More
