Real Estate
Tools
Explore our page dedicated to providing you with essential real estate tools. Here, you can find like the Area Median Income Lookup Tool and information on the CalHFA program. These tools are designed to assist you in making decisions in your real estate journey. Dive in and discover how these resources can benefit you!
Area Median Income (AMI) is the midpoint of a specific area's income distribution, calculated annually by the U.S. Department of Housing and Urban Development (HUD). It represents the middle point, where half of households earn more and half earn less. AMI is used to determine eligibility for affordable housing programs, often categorized by percentages (e.g., 30%, 50%, or 80% of AMI).
The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage to help cover down payment and/or closing costs.
When the home is sold, transfered or the first mortgage is paid in full - the homebuyer repays the original down payment loan, plus a share of the appreciation in the value of the home.
The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better deal.
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Low down payments
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Low closing costs
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Easy credit qualifying
