APPLICATION CRITERIA
RESIDENT SCREENING AND RENTAL CRITERIA Thank you for considering renting one of our homes! Before you apply, please review the following criteria. These factors may disqualify you from renting with us:
Credit Report
- Credit score above 650: one month’s rent as standard security deposit
- Credit score 600‐650: 1.5 times the standard security deposit
- Credit score 550‐599: 2 times the standard security deposit
- Applicants with a credit score below 550 will be disqualified
- Applicants with no credit history will be disqualified
- Outstanding debt owed to other landlords/housing providers will be required as additional deposit
- Please note that the deposit will not be used to pay the last month’s rent
Income Requirements
- Minimum household gross (before taxes) income requirement is a minimum three times the monthly rent
- Applicants claiming Social Security income must submit their most recent disbursement statement from the Social Security Administration
- Applicants claiming child support income must submit a current court order and proof of payment for the last three months
- Applicants claiming self‐employment income must submit their most recent tax statement; annual income after taxes must be at least three times the annual rent
- Applicants wishing to qualify using liquid savings (cash in a savings account) in lieu of minimum income requirements must provide statements for the most recent three months showing an average daily balance of at least 36 times the monthly rent (three times the annual rent)
Employment Verification
- Valid pay stub; or
- Notarized offer letter, including salary, start date (must be within 30 days), and Human Resources contact information, on company letterhead
- Please note that our screeners are trained to identify fabricated pay stubs and paystubs purchased online
Rental History Disqualifications
- 4+ late payments in the last 24 months
- 3+ returned payments / Non‐Sufficient Funds (NSF) in the last 24 months
- 1+ rental‐related write‐off in the last 36 months
- 1+ rental‐related collection in last 60 months
Civil Court Records Disqualifications
- 2+ filings/unlawful detainers in last 24 months
- 2+ monetary judgments in last 36 months
- 1+ possession/forcible detainer in last 60 months
Criminal History
- Felony conviction (evaluated from the date of disposition) in the last 72 months
- Registered sex offender
