Rental Guidelines

General Requirements

  • 1. A valid picture ID is required.
  • 2. All applicants age 18 and over must complete an application.
  • 3. The application must be completely filled out and signed. Incomplete applications will not be processed.

Rental Requirements

  • 1. Two years of verifiable, favorable residence history from a third-party landlord is required.
  • 2. A rental history demonstrating residency, but not by a third party, may require an additional security deposit.
  • 3. A criminal background check will be performed.
  • 4. Home ownership will be verified through the tax assessor’s office or credit report.

Factors to be considered

In denying an application or changing the offering terms:

  • i. Having been sent a 3-day notice to vacate.
  • ii. Giving insufficient funds check(s).
  • iii. Previous eviction.
  • iv. Previous past due rent or other charges outstanding to a landlord.
  • iv. Previous past due rent or other charges outstanding to a landlord.
  • v. Previous property damage.
  • vi. Failure to have given a proper 30-day notice/breach of lease.
  • vii. Previous or present rude and disruptive behavior.
  • viii. Making false statements on the application.

Employment Requirements

  • 1. Verifiable employment and/or other income are required.
  • 2. An applicant will be denied if we are unable to verify income or employment status.
  • 3. Self-employed applicants must produce written verification of work history through tax returns or bank statements
  • 4. If applicant does not meet the stated employment criteria but otherwise qualifies, an additional deposit may be required.

Income Requirements

  • 1. The monthly income must equal approximately three (3) times the monthly rent.
  • 2. The monthly rent and monthly debt payments on credit report (total debt ratios) should not exceed 50% of gross monthly income.
  • 3. If monthly income does not equal at least three (3) times monthly rent, monthly rent and debt payments exceed 50% of applicant’s monthly income, an additional deposit may be requested to be paid in advance.
  • 4. If an employee, please provide a recent paycheck stub for income verification.
  • 5. If applicant is unemployed, the application will be denied unless acceptable proof of income from other sources is provided or applicant has significant savings or asset statement.
  • 6. Self-employed applicants must provide sufficient documentation to verify their income. Several months of bank statements, a recent P & L statement, or recent tax return are acceptable.

Credit Requirements

  • 1. Good credit is required.
  • 2. Outstanding bad debts being reported on a credit report may result in denial or require an additional deposit, additional rent paid in advance, and/or a qualifying guarantor.
  • 3. Excessive recent collections may result in denial.
  • 4. Outstanding rents or balances to property management companies or landlords may result in denial.
  • 5. Non-discharged bankruptcy will result in denial.
  • 6. After discharged bankruptcy, applicant must show six (6) months of positive established credit.
  • 7. A credit score of 600 or above is required.

Automatic Denials 

(Criminal Background)

The Application will be denied if the applicant:

  • 1. Has a felony offense within the last 7 years.
  • 2. Has a criminal conviction and has been out of jail/prison for less than five (5) years.
  • 3. Was convicted of a criminal offense that was of a physical or violent nature against a person or property.
  • 4. Is a multiple offender.
  • 5. Is a sex offender.

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