Thinking about applying with us, but have questions on our application process? Here are our rental application requirements.
The application fee is $50 per adult and will cover these four areas. All adults MUST complete the application. It is based on a point system and an applicant must have 3 points to qualify.
-Income and Employment: Applicant must provide proof of income being three times the monthly rent amount per month. For example; if rent is $700, then the applicant must make $2100/month (2 Points) Within $150 of amount (1 point), Not within $150 (-1 point)
-Credit Check: We do not verify credit via a score. We are looking into past due accounts, how many are delinquent, have payments been made on time, are accounts in collections/judgments, etc.
• Credit minimal to none: 0 points
• Poor (1-2 accounts past due): -1
• Very Poor (3+ accounts past due): -2
• Good: +1
• Very Good: +2
-Criminal Background: This is case dependent and date of occurrence: -1 to -3 points for misdemeanors, felonies, violent charges, drug charges, etc. (Criminal background must not have any felonies or evictions within the last 7 years)
-Rental References: 1 point per positive rental reference within the last 3 years, -2 points per negative rental reference. Must be a management company, realtor, or direct landlord.