Real Property Management Reliance
APPLICATION CRITERIA
- Applicant's income to rent ratio should be at least 3X the monthly rent
- Applicant must have a credit score of 600 or higher. A score between 525 and 599 will be considered with a co-signer. A credit score below 524 will not be accepted.
- Property Specific Exception: 16 Franklin St., Beverly MA - Due to the unique financial and operational profile of this property, a minimum credit score of 700 is required.
- Applicant should have no open bankruptcies and no discharged bankruptcies in the last 5 years.
- Manual review will be required if the applicant has 1 to 2 accounts in collections. Applicants with 3 or more accounts in collections will not be considered. (Calculations exclude accounts with less than $100 in collection.)
- If there have been any judgments (evictions, complaints) in favor of a landlord in the last 3 years, the applicant will not be accepted. If there are any judgments that are between 3 and 7 years old, manual review will be required.
- Applicants will not be considered if they have any drug trafficking or manufacturing felonies in the last 7 years. Any other felonies in the last 7 years require manual review and could lead to disqualification.
- If the applicant is listed on a sex offender registry or terrorist database, they will not be accepted.
Real Property Management Reliance does not discriminate based on race, color, religion, national origin, sex, familial status, disability, Sexual orientation, gender identity, age, or any other protected class under federal, state, or local law.