The Advantage+
Rent-to-Own Pathway Program

Putting the DREAM back into the AMERICAN DREAM.

Owning your own home is harder now that it’s ever been.
The Advantage+ Rent-to-Own Pathway Program provides an alternative path to homeownership.

Homeownership is the bedrock of the American Dream. Yet more and more people are finding that it is becoming further and further out of reach. Isn’t it about time there was a path to homeownership for qualified people that didn’t make the cut of the stringent mortgage requirements? Through my partnership with Berry-Rock Homes, the Advantage+ Rent-to-Own Pathway Program helps chart a new path. Whether you are just short of qualifying for a traditional mortgage or you want to pick the home you rent and buy it later, the Advantage+ Rent-to-Own Pathway Program was crafted with you in mind.

The Advantage+
Rent-to-Own Pathway Program

This program, in partnership with Berry-Rock Homes, is your gateway into a mortgage. It allows you to rent the home you want to own while working on becoming mortgage eligible. It is for people who are ready to be a homeowner but may not be able to qualify at the moment. Maybe the issue is credit score, a recent divorce, or income verification. Regardless, with the Advantage+ Rent-to-Own Pathway Program, Berry-Rock will purchase the home that you want to own, then lease it to you until you are ready to purchase the home, and it is your right to purchase the home at any time.

If you have to live somewhere while you become mortgage eligible, it might as well be in the home you want to own.

How the Pathway Program Works

  • Once your application has been submitted, you and I will receive an email stating the home price you are approved for. Only a "soft" credit check will be run. Soft credit checks do not affect your credit score.

    Application link below.

  • Once we know how much you have been approved for, it's time to find your dream home. Through the Advantage+ Rent-to-Own program, Berry-Rock Homes will purchase any home your desire so long as it appraises for the purchase price, is insurable, and you have at least 7% of the purchase price to provide as option consideration money.

  • Once you have your dream home picked out, you will pay the 7% Option Consideration either through an electronic funds transfer or by bringing a check to their office. the option consideration is refunded if the offer is not accepted, and you have 3 days from the Contract date to fund your Option Consideration.

  • We will submit the offer for your new home and get the home under contract to purchase.

  • Once the contract is in place, there will be an appraisal and an inspection, and it typically takes 30 days to close. Then you move into your new home!

The Paperwork

  • The lease is a two year term that automatically renews for as long as you are in compliance with the lease and have made all payments under the lease. The Pathway Program allows you to continue renewing for as long as it takes to become mortgage eligible and purchase the home yourself. The lease rate increases by 3% every 2nd year. Under the lease you are responsible for all maintenance and repairs and you have the ability to make any changes to the home. After all the goal is that you purchase the home soon.

    *Lease payments can increase by more than 3% to accommodate for unusually high increases in PropertyTaxes or other underlying hard costs.

  • The Right to Purchase Agreement gives you irrevocable right to purchase the property at anytime you would like so long as you are in compliance with the lease and are not in default. The right to purchase price is fixed at the total acquisition cost of the home (purchase price plus closing costs) plus, 2% if purchased within 6 months, 4% if purchased within a year, and 6% if purchased any time after 1 year. Future homeowners find the Right to Purchase Agreement attractive because it does not expire and has a maximum amount of purchase price plus 6%. 

Are you ready to put yourself on the pathway to becoming a homeowner?

Owning a home is more than just a dream — with the Advantage+ Rent-to-Own Pathway Program it can become a reality.

This innovative program is designed to help you transition from renting to owning, all while living in the home you’ve always dreamed of. Let’s work together to unlock the door to your future home and turn your dream into a reality!

Your home. Your future.
Within your reach.