Set a solid foundation with the right Home Purchase Financing options for you with Galaxy Lending Group.

Successful homeownership starts with finding the right mortgage. Galaxy Lending Group offers you the right mortgage tools, information and expertise to help you make the right decisions along the way.

Unfortunately, buying a home doesn’t happen with the snap of your fingers, which is why we’re here to help you understand your home purchase financing options. We understand that many people are facing challenges that are keeping them from making the leap into homeownership. Two common challenges seem to stand out more than others. The first, a renter’s cycle, where they could afford a house payment, but are having trouble saving up funds for a down payment or closing costs. The second challenge people face is the “affordability gap,” where the amount of the loan that they may qualify for (based on their income), just isn’t high enough to purchase a home in their area.

Home Purchase Financing Options with Galaxy Lending Group

Conventional & Jumbo Loans

When it comes to understanding Conventional and Jumbo Loans, it simply boils down to: the type of loan (FHA or Conventional), your county’s limit and the type of property you are purchasing or currently own.

Fixed Rate & Adjustable Rate Loans

Fixed Rate mortgages and Adjustable Rate mortgages are the two primary mortgage types. While the marketplace offers numerous varieties within these two categories, the first step when shopping for a mortgage is determining which of the two main loan types best suits your needs.

FHA Loans

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.

VA Loans

VA loans are home loans for the purchase of a primary residence available to consumers who have served or are presently serving in the U.S. military. While the Department of Veterans Affairs (VA) does not lend money for VA loans, it backs loans made by private lenders (banks, savings and loans, or mortgage companies) to veterans who qualify.

USDA Loans

The United States Department of Agriculture (USDA) gives out a variety of loans to help low or moderate-income people buy, repair or renovate a home in a rural area. Some of the more popular types of loans are: The single-family direct homeownership loan, the single-family guaranteed homeownership loan, the rural repair and rehabilitation loan or grant and the mutual self-help loan.

Home Construction Loans

A construction loan is typically a short-term loan that is used to pay for the cost of building a home.

Why You Should Trust Galaxy Lending Group for all of your Refinancing & Purchasing Needs:

  • 24/7, 365 days of the year we are here for you.

    Having trouble with a loan, your mortgage, or your past lending company… let us help you in any emergency situation. You can contact us by form or by phone call, either way we are here to help you through your current financial situation.

  • We work with clients face-to-face, online, by phone or by fax.

    We are all about flexibility and working with you in a manner that is convenient for you. So you don’t have to come into our office to have a meeting, or discuss your situation. We name the time, place and way of communication and we will make it happen.

  • We take the stress out of home buying and refinancing.

    Galaxy Lending Group delivers the best home loans with affordable rates and fees to all of our clients. We are great at our job and enjoy saving money for all of our clients.

  • Every consultation is FREE!