Application Requirements

There are 4 basic categories we use to determine an acceptable tenant for a property: income, credit history, rental history, and background check.

The following circumstances create red flags and will likely result in disqualification:

1. Collections/Liens/Charge-Offs: an excess of $150 in unpaid debts or >10% late payments.
2. A bankruptcy that was discharged less than 2 years from today's date.
3. Unlawful detainers (evictions): Any unlawful detainer or judgement owed to a former landlord is an automatic disqualification.
4. Affordability: having less than $750 per month in disposable income after debt obligations.
5. Negative Background Check: we will review and take into account circumstances; felonies for violent or financial crimes within the last 3 years or sex offender status are concerns.
   

We look for the following items:

1. The applicant's household monthly income must be greater than 2.75 times the monthly rental amount, verification required.
2. Positive established credit accounts: >90% on-time payment history,
3. Job stability: continuous employment with the same company or industry.
4. Verifiable positive rental history for the current AND past residences going back at least 2 rental locations (or home ownership with positive credit history for the mortgage account last 2 years).
   

ADDITIONAL INFORMATION:

* We require full 1st month's rent, fees, and security deposit in the form of a cashier's check or money order upon move in. Any tenant who attempts to pay balance due through their portal may be subject to delayed possession or be required to go get certified funds before receiving keys if online funds have not cleared prior to key exchange.  Security deposits equal one month's rent. Pets require a non-refundable pet fee of $450 per pet. 

* We offer an opportunity to use the Obligo Deposit Alternative in lieu of paying a security deposit upfront (unless we have advertised that we are offering tenant placement only and won't be managing). Applicant must qualify. To qualify, you must apply after application approval and connect your bank account to show proof of sufficient average balance of at least half of what 1 month's rent is. Some fees apply, but with qualification and approval, no up front security deposit would be required.

* Rentals can be held off-market from date of application approval no longer than 1 week before we start your lease. This is regardless of the actual move-in date.

* We cannot process an application until all people over 18 in your group make an application. 

* Application fees are non-refundable. 

**PETSCREENING IS A REQUIRED PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS:

A welcoming environment is paramount to all of our residents with or without pets as well as animals. To help ensure ALL of our residents understand our pet and animal-related policies, we use a third-party screening service and require EVERYONE to complete a profile. This process ensures we have formalized pet and animal-related policy acknowledgments and more accurate records to create greater mutual accountability. 

** We use Experian for our tenant screening company. You can also obtain a free copy of your credit history by visiting annualcreditreport.com