Frequently Asked Questions

1) What are the requirements?
Net income must be a minimum of two and one half (2.5) times the monthly rent (excluding Section 8) All applicants’ income will be combined Acceptable forms of Proof of Income: Pay stubs, letter from employer (letterhead, rate of pay, hours or salary), previous year’s tax return, W-2, 1099 or tax return if self-employed, benefits letter (social security, disability, retirement, etc.), alimony Non-Acceptable forms of income: Bank account screenshots, unemployment, temporary assistance, other adult accounts not on lease Tier A – Standard Approval – 580 credit score (properties <$1,000), 630 credit score (properties $1,001-$1,999), 700 credit score (properties >$2,000).*Ask for conditional approvals or visit jammrealestate.com/rental-screening-criteria *At least one applicant must meet the credit score requirement.

2) Would you consider a short-term lease?
No, we are looking for at least a 12 month lease.

3) Would you accept a co-signer application?
Yes, the owner may consider a co-signer but will evaluate each application.

4) What are the automatic disqualifications?
Evictions in the last seven years (including eviction filings) Any open bankruptcies or discharged bankruptcies in the last three years. Tax liens or garnishments Discrepancies or misrepresentations. Open collection from a landlord or property management company. Registered sex offender or domestic violence conviction(s). Felony convictions in the last seven years A negative rental reference, including in late payments of rent, may result in application being denied.

5) When can we expect to hear back from a Rental Application?
Please allow up to 72 hours to process applications. Applications can be processed sooner if they are complete with all required information provided.

6) Does the Application require a hard or soft credit pull?
Submitting an application will result in a hard credit pull. This means the inquiry will appear on your credit report and may have a small impact on your credit score.