General Rental Criteria
Rental History
No Forcible Entry and Detainers (evictions) unless you have verifiable documentation of landlord irresponsibility. However, an FE&D due to property damage, unpaid rent, drug use, or any criminal activity by the resident will not be accepted under any circumstance.
No history of any damage to the residence, or an outstanding balance due to a previous landlord. If you have no prior rental history then you may be asked to provide a qualified co-signer. The cosigner must fill out our application, have a good credit history, and be willing to sign the lease.
Verifiable Gross Income
Our income requirement is a monthly gross income of approximately three times (3 times) the rent charged on the residence. Section 8 vouchers and certificates may be accepted and are subject to approval of the Leasing coordinator. Employment/income must be verifiable by the leasing coordinator.
Criminal Background Check
Residency may be denied due to criminal history (see Criminal Background Criteria)
Credit History
Credit history should show that the resident has paid bills on time and does not have a history of debt write-offs or accounts that have gone into collection. Any money owed to a previous landlord or to any utility company is cause for denial. Residency may also be denied due to poor credit history.
Co-Signer
If a co-signer is required the co-signer must meet the following requirements:
- Co-signer must complete the application and pay the application fee
- Co-signer must meet all the same requirements as the applicant and also have a strong credit rating. (Strong credit is defined as a FICO Score of 650 or higher.)
- Verifiable gross monthly income of approximately 2.5 times the rent plus their own rent or mortgage payment.