March 28, 2025

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McKenzie Hagan

Mortgage Pre-Qualification vs. Pre-Approval: What Are They and When Should You Get One?

When embarking on your home-buying journey, you'll likely encounter two critical terms that can significantly impact your mortgage application: pre-qualification and pre-approval. While these terms might sound similar, they represent distinct steps in the mortgage process, each with unique implications for homebuyers.

March 25, 2025

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McKenzie Hagan

How Much Home Can You Afford on a $150,000 Salary?

Purchasing a home is a significant financial milestone, and understanding your purchasing power is crucial to making an informed decision. If you earn $150,000 annually and are considering a down payment of 5%, you'll need to carefully evaluate your Debt-to-Income (DTI) ratio to determine the price range of a home you can comfortably afford. This guide will break down how to calculate your home affordability, taking into account a 35% DTI ratio and a 5% down payment.

March 18, 2025

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McKenzie Hagan

Am I Ready to Buy My First Home? A Complete Guide

The journey to homeownership is one of the most significant financial and lifestyle decisions you'll ever make. While owning a home represents stability, investment potential, and a place to call your own, it also comes with considerable responsibilities, costs, and commitments. This comprehensive guide will help you assess whether you're truly ready to take the plunge into homeownership or if you might benefit from waiting.

March 12, 2025

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McKenzie Hagan

USDA Loans for First-Time Homebuyers: The Complete Guide

Buying your first home is a significant milestone, but the financial hurdles can seem overwhelming. For many Americans, particularly those in rural and suburban communities, USDA loans offer an accessible path to homeownership that's often overlooked. These government-backed mortgages provide unique advantages that can make the difference between continuing to rent and owning your own home.

March 4, 2025

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McKenzie Hagan

How to Save for a Home in 2025: A Comprehensive Guide to Smart Home Buying Preparation

Buying a home remains one of the most significant financial milestones in many people's lives. In 2025, the housing market continues to evolve, presenting both challenges and opportunities for aspiring homeowners. This comprehensive guide will walk you through the most effective strategies to save for your dream home, offering practical advice that accounts for the current economic landscape, emerging financial technologies, and smart saving techniques.Whether you're a first-time homebuyer or looking to upgrade your living situation, the path to homeownership requires careful planning, disciplined saving, and strategic financial management. Our expert-backed strategies will help you build a robust savings plan, maximize your purchasing power, and turn your homeownership dreams into reality.

February 18, 2025

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McKenzie Hagan

How to Buy Your First Home in Oregon: A Complete Guide for 2025

Buying your first home in Oregon can feel overwhelming, but with the right preparation and knowledge, you can navigate the process successfully. This comprehensive guide will walk you through everything you need to know about purchasing your first home in the Beaver State, from initial planning to closing day.

February 14, 2025

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McKenzie Hagan

The Smart Saver's Guide: Why HYSAs and FHSAs Are Your Best Bet for Down Payment Savings

Saving for a home down payment is one of the most significant financial undertakings many people will face in their lives. As housing prices continue to rise across the US, choosing the right savings vehicle becomes increasingly crucial. High-Yield Savings Accounts (HYSAs) and First Home Savings Accounts (FHSAs) have emerged as great choices for aspiring homeowners, offering a perfect blend of security, accessibility, and competitive returns.

February 11, 2025

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McKenzie Hagan

The Complete Guide to Homeowners Insurance: Everything You Need to Know in 2025

For most people, their home is their largest financial investment. Homeowners insurance provides crucial protection for this investment, but understanding the ins and outs of coverage can be challenging. This comprehensive guide will walk you through everything you need to know about homeowners insurance, from basic coverage types to filing claims and getting the best rates.

February 10, 2025

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McKenzie Hagan

What Home Price Can You Afford on a $130,000 Salary? A Complete Guide

Looking to purchase your first home with a $130,000 salary? Understanding your true buying power is essential before you start house hunting. In this comprehensive guide, we'll walk you through exactly how much house you can afford with your income, assuming a modest 5% down payment and current market conditions.

January 24, 2025

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Landy Liu

Foyer unlocks $6.2M to help people save up to buy homes

Today, we're excited to announce our Seed funding! With this funding, we’re committed to further investing in our product to build the best platform for homebuyer preparedness and save aspiring homeowners more money on their home purchases. Over the next few years we will have three core product focus areas to provide 1. Confidence, 2. Savings, and 3. Education to the next generation of homebuyers.