Everyone is eager to know the size of the loan they qualify for, yet different lenders may offer varying answers. At Galaxi Financial, we consider more than just your monthly housing payment. We assist you in creating a budget that aligns with your comfort level, allowing you to save money and plan for the future. Our commitment is to never pressure you to overspend; instead, we provide expert advice tailored to your needs.
The market sets rates daily, and while regulations mandate fee disclosures, there are opportunities to waive certain fees and utilize credit to cover others. However, these decisions are not without costs, as opting to waive a fee may sometimes lead to higher overall expenses. Lenders must carefully balance interest rates with associated fees. At Galaxi Financial, we are dedicated to transparency, ensuring you understand your expenses and pay no more than necessary.
We’re incredibly confident in our capabilities. Feel free to bring us a loan estimate from another lender. We’ll gladly review it with you, uncover any potential hidden fees, and equip you with insightful questions to ask. Let’s work together to ensure you make the most informed decision possible.
Essentially, points are fees calculated as a percentage of the loan amount. They serve to reduce your interest rate and monthly payment. At Galaxi Financial, we collaborate with you to assess whether paying points is financially beneficial and we provide guidance on you options. Additionally, we offer lender credits to help cover closing costs, ensuring you have comprehensive support throughout the loan process.
Closing costs are fees associated with various items, including credit reports, title research and insurance, appraisals, origination, underwriting, and escrow for taxes and insurance. Like birthdays, these fees are unavoidable. However, with our partners, resources, and program knowledge, we strive to minimize your out-of-pocket expenses and tailor each loan to your unique situation.
At Galaxi Financial, we collaborate with vetted lenders who prioritize serving others before self to customize options that meet your needs. We have access to grant programs and loan options that require little to no down payment. When you choose Galaxi, we diligently work within your budget constraints to find the best options for you!
