A complete application must be submitted by each occupant eighteen (18) years of age or older.
Manager’s authorized credit reporting services vendor will be used to evaluate tenants. Outside credit reports cannot be substituted.
All occupants eighteen (18) and over must have their credit and criminal reports run regardless of employment status or financial responsibility for rent payments.
Income and credit history will be entered into a credit scoring model to determine rental eligibility and security deposit levels.
Must have established credit history.
The minimum credit score is 500.
Some history of collections is acceptable but no outstanding landlord or essential utility collections (Essential utilities include electric, water, natural gas, sewer…).
Past due debt not to exceed two thousand five hundred dollars ($2,500).
Any applicant with an eviction within the last three (3) years or a landlord judgment for past due rent will be denied.
Discharged bankruptcies are excluded and will not count against an applicant’s score.
For some properties, a dismissed bankruptcy in the last three (3) years or a currently open foreclosure may result in denial. Please contact us prior to applying to determine if these criteria are applicable to a particular property.
A criminal background check will be completed for each Applicant.
The company will not deny an Applicant solely based on arrests or pending criminal actions.
An Applicant will be automatically denied if the criminal background check reveals:
Guarantor or co-signers cannot be used as a substitute for this requirement.
These criteria do not constitute a guarantee or representation that residents or occupants currently residing in one of our homes have not been convicted of, or subject to, deferred adjudication for a felony, certain misdemeanors, or sex offenses requiring registration under applicable law. Residents or occupants may have resided in one of our homes prior to implementation of this policy, and our ability to verify this information is limited to the information available to us by the applicant and credit reporting services. Residents or occupants who are convicted of any of the foregoing after the Lease Application may be subject to forfeiture of Lease Application Fees or eviction if conviction occurs after move-in.