APPLICATION CRITERIA

All applications for residency will be processed through a credit reporting agency. All adults 18 years of age or older must complete and sign an application. Properties For You provides an equal housing opportunity: we do not discriminate on the basis of race, color, religion, sex, handicap, national origin, family status, marital status, age or sexual preference.

In reviewing application(s), the following criteria will be used to determine the eligibility of residency.

CREDIT
Applicant(s) must have good credit history which shows on a credit report from our tenant screening provider. If you have a satisfactory rental history and income report and meet all other credit requirements, credit requirement may be waived.If applicant(s) report shows unsatisfactory credit, (i) applicant(s) may provide a qualified guarantor/cosigner for the lease that meets all of the guarantor/cosigner requirements** or (ii) applicant(s) may provide a deposit equal to one (1) month of rent as well as the first and last months rent at time of move in with certified funds. Unsatisfactory items may include: no established credit, outstanding collections, charge-offs, judgements, foreclosures, open bankruptcy, repossession, etc. within the past 4 years.

RENTAL HISTORY/RESIDENCE
Within the last year applicants must show at least 6 months of verifiable rental history from an unbiased source or home ownership. (Dorms, Fraternities, and Sororities will count as rental history). If you have a satisfactory credit report and meet all other credit requirements, rental history requirement may be waived. All phone numbers, addresses, and contact info for any and all landlords is needed. If applicant(s) do not meet the residence requirement, (i) applicant(s) may provide a qualified guarantor/cosigner for the lease that meets all of the guarantor/cosigner requirements** or (ii) applicant(s) may provide a deposit equal to one (1) month of rent as well as the first and last months rent at time of move in with certified funds.

  • Any applicant(s) involved in an eviction, eviction proceedings commenced, or lease terminated by a landlord in the past 36 months will be rejected.
  • Any landlord you owe money to must be paid in full no matter how old the balance may be.

INCOME
Applicant(s) combined monthly income while residing with Properties For You must exceed 2.5 times the monthly rent for the unit. Applicant(s) must provide their two (2) most recent consecutive paystubs or provide proof of at least 2.5 times rent times the lease term in an account (savings, CDs, mutual funds, money markets, 401k, etc.). Proof of current student loans, scholarships, stipends, or grants from a college or university will be accepted. If applicant(s) does not meet the income requirement, (i) applicant(s) may provide a qualified guarantor/cosigner for the lease that meets all of the guarantor/cosigner requirements** or (ii) applicant(s) may provide a deposit equal to one (1) month of rent as well as the first and last months rent at time of move in with certified funds.

CRIMINAL OFFENSES
A detailed criminal background check will be performed on all applicant(s) 18 years and older to review for certain felony offenses with discharge dates within the last 7 years. Items include, but are not limited to; terroristic threats, property or personal safety related crimes, drug related crimes. All Registered Sex Offenders will automatically be denied. Any criminal history may result in a denial.

**GUARANTY/COSIGNER REQUIREMENTS
Guaranty must be over the age of 18. Guaranty must have established good credit which shows on a report from our tenant screening provider. Within the last year, Guaranty must have at least 6 months of verifiable, good rental history from an unbiased source or have home ownership. Income must exceed 2.5 times the rent and provide proof of the income. Owning a home is considered as income when verified that guarantor owns the property.