AN IMPORTANT PART OF OUR MANAGEMENT PROCESS IS TO MAINTAIN A THOROUGH AND FAIR SCREENING PROCESS. WE WILL ACCEPT APPLICATIONS THAT MEET THE FOLLOWING QUALIFICATIONS. APPLICATIONS MUST BE COMPLETED IN FULL BY ALL RESIDENTS 18 YEARS OF AGE OR OVER.
INCOME
Verifiable gross monthly income shall be a minimum of two and a half (2.5) times the monthly rent. We required two (2) forms of income verification. Verifiable income includes as confirmed by an employer, trust officer; through a minimum of two (2) years prior tax returns; bank statements or other satisfactory documentation for self employed persons. Monthly obligations must not exceed 60% of such income. Each roommate must qualify for 70% of the rent in a 1-bedroom, 60% of the rent in a 2-bedroom, and 50% of the rent in a 3-bedroom. In the event that one or more roommate(s) does not meet the income requirements, the remaining roommate(s) must qualify for the property. We do not accept unemployment benefits as income.
CREDIT
The following check of credit history will be made on all applicants and co-signers: Credit will be reviewed on an individual basis:
Credit Bureau: Satisfactory credit bureau rating of 540 and above.
Employment and Income Verification: Applicant(s) must have verifiable income based on current and past employment for a minimum of six (6) months or other verifiable sources. To verify income for self employed, retired, or non-working applicant(s), copies of federal income tax returns for the immediate two (2) prior years or other documentation satisfactory to management will be required.
Bankruptcy: Only one (1) time bankruptcy is allowed in the past 5 years with an additional security deposit required.
Prior Residence(s): Prompt payment record and/or satisfactory references is required. No eviction filings from the previous 15 years will be accepted. If applicant has outstanding balance owed to a previous landlord, additional security deposit will be required. No more than two (2) late pays within the last eighteen (18) months, and no more than four (4) late pays within the last four (4) years. Additional deposits will be required if the applicant(s) has had two (2) late payments within the last eighteen (18) months.
CRIMINAL BACKGROUND
Applicant(s) and/or occupant(s) will be denied if they are found guilty of the following crimes.
For purposes of this policy; Guilty shall mean that a person was found guilty following a trial, entered a guilty plea, entered a no contest plea accompanied by a court finding of guilt (regardless of adjudication), or received court directed programs in lieu of conviction.
SEX OFFENSES
All Sex Offenses – Regardless of the amount of time since offense. Examples include: child molestation, rape, sexual assault, sexual battery, sodomy, prostitution, solicitation, indecent exposure, etc.
PENDING CASES
Individuals found to have pending court cases for any of the disqualifying offenses will be disqualified. If the disposition of the pending case does not meet the criteria for the disqualification as listed above, the individual would then be cleared and reinstated.
MISDEMEANORS
All misdemeanor violence offenses within the past 7 years Examples include: simple assault, battery, domestic violence, hit & run, etc.
Any other misdemeanor within the past 7 years that would be considered a potential danger to children or is directly related to the functions of that applicant.
FELONIES
All Felony Violence – Regardless of the amount of time since offense. Examples include: murder, manslaughter, aggravated assault, kidnapping, robbery, aggravated Burglary, etc.
All Felony offenses other than violence or sex within the past 20 years. Examples include: drug offenses, theft, embezzlement, fraud, child endangerment, etc.
DEPOSIT
The minimum deposit is equal to one month’s rent. The holding deposit made to secure the property is non-refundable. We do not offer short-term leases. Our lease terms vary from 12 – 24 months.
Additional Deposits may be required if applicant(s) do not meet credit, rental or income requirements.
APPLICATION PROCESSING FEE
A minimum of $65.00 non-refundable application processing fee will be required per Adult. Any prospective resident and any occupant over the age of 18 are required to submit an application for a criminal history check. Management can deny applicant or occupant if they have been arrested for a felony offense involving actual or potential physical harm to a person(s), or involving possession, manufacture, or delivery of a controlled substance, marijuana, drug paraphernalia, or weapons.
