A note from Landy Liu, Founder of Foyer, celebrating the milestones we collectively hit in 2024.

Imagine standing in front of your dream home, ready to make an offer, only to realize you're not financially prepared. This scenario happens more often than you'd think. The secret weapon that prevents such disappointment? Mortgage pre-approval. So, what is a mortgage pre-approval and when should you get one?

Considering a $300,000 home and wondering if your current income can support it? This comprehensive guide breaks down the exact income requirements, financial considerations, and strategic insights for purchasing a home at this price point.

Dreaming of a $500,000 home but wondering if your income can support this investment? This comprehensive guide breaks down exactly how much annual income you'll need to comfortably purchase and maintain a home at this price point, using proven financial principles and real-world calculations.

A home appraisal is a critical component of the real estate process that can significantly impact property transactions, refinancing efforts, and overall property valuation. This comprehensive guide will explore every aspect of home appraisals, providing homeowners, buyers, and real estate professionals with in-depth insights into this essential financial assessment.

Buying a home is a significant milestone, and understanding what you can afford is crucial to making an informed decision. If you make $75,000 annually and are considering a down payment of 5%, you'll need to factor in your Debt-to-Income (DTI) ratio to determine the price range of a home you can comfortably afford. In this article, we're going to break down how to calculate your home affordability and ideal home price, taking into account a 35% DTI ratio and a 5% down payment.

Purchasing your first home is an exciting journey, and understanding your true purchasing power is the key to making a smart real estate investment. If you're earning $80,000 annually and dreaming of homeownership, this comprehensive guide will walk you through exactly how much home you can afford, factoring in crucial financial considerations like your Debt-to-Income (DTI) ratio and a modest 5% down payment.

Buying your first home is an exciting journey, but it can also be overwhelming, especially when you encounter unfamiliar terms like Private Mortgage Insurance (PMI). If you're scratching your head and wondering what PMI is and how it might impact your home-buying process, you're not alone. This comprehensive guide will break down everything you need to know about Private Mortgage Insurance, helping you navigate this aspect of homeownership with confidence.

Thank you for participating in our last webinar of 2024, a homebuying Q&A with our CEO and Founder, Landy Liu.

In today's financial landscape, many aspiring homeowners face a significant challenge: balancing student loan repayment with the dream of purchasing their first home. With average student loan debt approaching $40,000 and housing markets constantly evolving, the path to homeownership can seem daunting. However, with strategic planning, smart financial management, and the right approach, you can successfully navigate student loans while building your home savings.