“The single best mortgage program I have seen in my 23 years in the industry.”
— Andrew Soss

community advantage +

program features:

  1. The program provides a grant equal to 2% of the purchase price that does not need to be repaid. ever.

    Example:

    Buyer is putting 3% down on $500,000 purchase price ($15,000)

    The grant would cover the initial 2% or $10,000 and buyer is only responsible for 1% or $5,000

    1. discounted interest rate for everyone

      (everybody gets the same low rate, regardless of credit score or down payment)

      Current fixed Rate as of: Feb 21, 2025:

      6.125% / 6.204% APR

      Click here for a full breakdown of payments and closing costs at various prices

  2. no pmi!

    Typically, you pay thousands in upfront and/or monthly PMI payments unless you have 20% down. This program has none of that, even at as little as 3% down.

  3. Additional lender credit of up to $1,500 to help offset closing costs

    As if this program wasn’t good enough??

requirements to qualify

  1. The property must be located in a targeted area. See eligibility maps below. To get information on a specific address, contact Andrew Soss @ 408-212-1769 or email the address to ASoss@franklinLC.com

  2. OWNER OCCUPIED ONLY

  3. No Income limits or restrictions for properties located in qualifying targeted areas*

  4. Min credit score 660, max DTI 43%, Buyer must come in with at least 1% of their own funds for down payment

  5. Buyer must not own any other properties at closing. They don’t have to be a first time buyer, but this must be their only property upon closing date.

  6. Condo/Townhome/SFR and Duplexes eligible (contact Andrew for special rules on duplex)

For more information on this amazing program, contact Andrew Soss directly at (408) 212-1769 (CALL OR TEXT)

* In order to qualify without income restrictions, property must be located in a Low/Moderate Income Census Tract and a Majority Minority Census Tract (MMCT). Contact Andrew Soss for a map of eligible areas near you.

Property must be located in the green shaded areas in one of the following counties: Alameda, Contra Costa, San Francisco, San Mateo, Santa Clara, San Benito, or Los Angeles.