APPLICATION CRITERIA

We allow viewings of the property before collecting the $35 application fee. 

Income: All applicants must have a combined verifiable source of income in an amount in accordance with our current guidelines which is no less than three (3) times the rental rate or a debt-to-income ratio of sixty percent (60%) or less. If an applicant has no income, a guarantor must be obtained or the applicant may be denied.

Credit History: Our credit reporting agency evaluates credit and rental history against indicators of future rent payment performance. An unsatisfactory finding may result in the requirement of an addi- tional deposit, guarantor, or denial. No bankruptcies, judgements liens or evictions in the last seven years.

Guarantors: If a guarantor is needed, he/she must meet the entire qualifying criteria as presented above. All guarantors must have a verifiable source of income in an amount no less than five (3) times the rental rate. A guarantor may be accepted for lack of rental history, lack of credit, or lack of in- come. The guarantor must pay an application processing fee, and fill out an application, reside in the United States, and may be subject to criminal screening.

Criminal History: Our investigation includes criminal background screening. It is possible your application may be denied due to criminal convictions or charges. We conduct background screening on lease- holders and occupants. No felonies within the last seven years.

Occupancy: The maximum number of residents permitted to dwell in a home shall not exceed two (2) occupants per bedroom plus one (1).

Security deposit will be equal to one months rent if all requirements are met. If they are not, the security deposit may be raised to 1.5x or 2x monthly rent based on risk factors. With pets, the security deposit will be raised to 1.5x monthly rent.

Pets: Pet restrictions vary at each home. Restricted breeds are: Pit bull (Staffordshire Terriers), Rot- tweiler, Chow, German Shepherd, Doberman Pinschers, Akitas, Alaskan Malamutes, and/or Wolf-hybrids. With these restricted breeds, you must provide your own renters insurance with coverage for the dog. We will raise the security deposit by half a months rent, and charge $25 a month per pet. If you have pets, please see your Property Manager for further details.

Fair Housing Statement: PMI Commonwealth is committed to compliance with all federal, state, and local fair housing laws. PMI Commonwealth subscribes to the universal policy for the achievement of equal housing and no person will be discriminated against because of race, color, age, religion, national origin, sex, familial status, disability, sexual orientation, gender identity, marital status or any other local laws protecting specific classes. All persons involved with the leasing and operation of residences are provided with diversity training on fair housing laws and PMI corporate policies.

ADA Statement: PMI Commonwealth and the owners are committed to compliance with the Americans with Disabilities Act by allowing the modification of existing premises for reasonable accommodations at the expense of the disabled person, if the disabled person agrees to restore the premises at their own ex- pense to the pre-modified condition provided the modification would not affect the use and enjoyment of the premises for future tenants.