Home Loans – East Palo Alto, CA
For illustrative and demonstration purposes only
Rocket Mortgage • Home Loans
Rocket Mortgage
Sponsored Advertisement
Demo buttons only — do not link to Rocket Mortgage site. For illustrative and demonstration purposes only.
Rocket Mortgage Home Loans
Rocket Mortgage Home Loans helps buyers and homeowners finance homes with purchase loans, refinancing, and a digital application process backed by home loan experts. This is a demo mockup showing how a Rocket Mortgage Home Loans feature could look on the East Palo Alto, CA Home Loans page.
- ✓ Apply online, on your schedule
- ✓ Purchase, refinance, and cash-out options
- ✓ See rates and costs up front
- ✓ Talk with a home loan expert
Home Loans Information
Pre-Approval
Shows sellers you are a serious buyer with financing lined up before you make an offer.
Rates & Terms
Fixed rates stay steady for the life of the loan; adjustable rates can change after an initial fixed period.
Down Payment
Many loans allow as little as 3% down; more down can mean a lower monthly payment.
Why It Matters
Your loan shapes your monthly payment and the total cost of your home for years to come.
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East Palo Alto (/ˈiːst ˌpæloʊ ˈæltoʊ/ EAST PAL-oh AL-toh; abbreviated E.P.A.) is a city in San Mateo County, California, United States. As of the 2020 census, the population of East Palo Alto was 30,034. It is situated on the San Francisco Peninsula, roughly halfway between the cities of San Francisco and San Jose. To the north and east is the San Francisco Bay, to the west is the city of Menlo Park, and to the south the city of Palo Alto. East Palo Alto was founded as an unincorporated community and was incorporated in July 1983. The two cities are separated only by San Francisquito Creek and, largely, the Bayshore Freeway (the vast majority of East Palo Alto is northeast of the freeway, while all of the residential part of Palo Alto is southwest of the freeway). The revitalization projects in 2000, and high income high-tech professionals moving into new developments, including employees from Google and Facebook, have begun to slowly eliminate the historically wide cultural and economic differences between the two cities. East Palo Alto and Palo Alto share both telephone area codes and postal ZIP codes.
In 1990, 43% of East Palo Alto’s residents were African Americans, which was the result of redlining practices and racial deed restrictions in Palo Alto, while 34% were Latinos. As of 2020, African Americans were 11%, while Latinos are about 66%. A small minority of Pacific Islanders also reside in East Palo Alto, most of Tongan, Samoan, and Fijian origin.
The prosperity that benefited Silicon Valley during the dot-com boom of the late 1990s largely bypassed East Palo Alto. The Ravenswood City School District, which serves East Palo Alto and part of adjoining Menlo Park, has struggled with low academic performance. Eventually, however, the Peninsula’s shortage of land and soaring property prices meant that East Palo Alto became an option for urban regeneration.
East Palo Alto includes a small piece of land southwest of the Bayshore Freeway (U.S. Route 101), across the freeway from the Gateway 101 shopping center. This land is roughly triangular and sits between the freeway and San Francisquito Creek. This land was formerly the site of a two-block-long retail business district known as Whiskey Gulch. Since 1888, Stanford University, on the west side of Palo Alto, prohibited alcohol sales within a radius of 1.5-mile (2.4 km) from the campus. Whiskey Gulch, which was just outside these limits, became home to a number of liquor stores, bars, and music venues. The rules were relaxed in 1970, but the neighborhood still retained this character until 2000, when the city tore down Whiskey Gulch and replaced it with the University Circle office complex. A 200-room Four Seasons hotel opened in University Circle in 2006.
Over 25% of East Palo Alto (400+ acres) has been bulldozed and replaced with brand new housing and brand-name retail establishments since approximately 1997, attracting an entirely new demographic. The University Square community has become particularly appealing to young high-tech professionals and high-income couples, including many employees from Google, Facebook, Sun Microsystems, Yahoo!, and various other software and startup companies.