Selection Criteria

Selection Criteria for Successful Rental Applicant:

Prior to viewing the home in person do you meet the following criteria?

The following types of information shall be accessed to conduct the tenant screening:

1)	Rental references
2)	Employment reference
3)	Rental Housing Association Tenant Screening Report

Applicant shall provide:

1) Positive Government Issued ID 
2) Fully completed application for every occupant 18 years and older 
3) Proof of verifiable employment and/or verifiable source of income. 
     Proof of adequate income which could include any of the following: 
     a) Employee will provide most recent pay stubs 
     b) Self-employed applicants shall provide a copy of last year’s tax return 
     c) Any additional sources of income including: 
         i) Copies of deposit slips 
         ii) Investment earnings documents 
         iii) Social Security earnings 
         iv) Child or spousal support 
         v) Trust fund income

Background checks shall include: 

1). Criminal History: Includes review of criminal convictions and probation. 
     The following factors will be considered for applicants with a criminal history: 
     a) The nature of the crime and its relationship to the rental business 
     b) The time since conviction 
     c) The number of convictions 
     d) Would applicant pose an unreasonable risk to the business, property, owners, neighbors 
2) No prior evictions on record 
3) Good references from prior landlords


Successful applicant information shall yield:
1)	Adequate gross income to rent ratio (Gross income should be no less than 3x the rent.)
2)	Adequate debt service coverage.  
       (Your debt is low enough that it will not impact your ability to pay rent)
3)	Good credit history free of negative credit issues including the following:  
        a). Zero 90+ days past due reported in the most recent 48 months
        b). Zero foreclosures in the most recent 48 months
        c). No major derogatory issues reported in the most recent 48 months. 
             (No garnishments, bankruptcies, trades past dues, collections, or tax liens)
4)	No prior evictions on record
5)	Good references from prior landlords

Additional criteria used for tenant selection:
 
    Applicant shall be on time for showing appointment.

A $45 non-refundable rental application processing fee is due for each applicant over 18 years of age.

If you meet this criterion and would like to make an application, please reach out to us for an appointment to view the property.

Yes! I meet the criteria!