- Applicant should be able to provide at least 2 years of good Rental History from a THIRD PARTY landlord.
- If applicant provides Rental History that demonstrates residency, but not is not by a third party, either a co-signor or additional security deposit will be required.
- Home ownership will be verified through Tax Assessors Office or credit report.
- If there have been two (2) or more 3-day notices within a 12-month period your application could be denied.
- If there have been two (2) or more NSF checks within a 12-month period your application could be denied.
- Rental history reflecting ANY sums unpaid or past due will result in application denial.
- Rental history showing property damage will result in application denial.
- Rental history that shows disturbance complaints could also be a factor that may cause denial if the previous manager would not re-rent.
- Monthly household income should be at least three (3) times the monthly rent in order to qualify.
- If we are unable to verify income over the phone, a current paycheck stub will be required to verify income.
- SELF-EMPLOYED applicants will be required to provide proof of income by means of TAX RETURNS that show CURRENT employment. If your tax returns are unavailable please contact us for an explanation.
- If you are currently UNEMPLOYED and unable to VERIFY INCOME as able to pay rent, your application will be denied. Either verifiable alternative income or a company letter of hire will be required if you are currently unemployed.
- Added security is needed for temporary or seasonal employees.
Good or Excellent credit is best for qualification; however if you know this is not the case and would like to discuss please contact us.
WE CANNOT APPROVE YOUR APPLICATION IF:
1. You have excessive COLLECTION ACCOUNTS without a proper explanation.
2. You have excessive COLLECTIONS by UTILITY COMPANIES.
3. Collections, Judgments and/or Evictions from previous landlords.
4. There is any criminal history where the offense was of any physical or violent nature against, either person or property.
5. You have an open bankruptcy, (un-discharged bankruptcy) will be denied until the bankruptcy becomes legally discharged.
QUALIFYING AFTER BANKRUPTCY:
* Bankruptcy discharged LESS THAN 2 YEARS AGO will need a letter of explanation. Prior to your bankruptcy, your credit should have reasonabbly GOOD. And, additional security deposit will be required.
* Bankruptcy discharged OVER 2 YEARS AGO, applicant should be able to show proof of some re-established credit.