Application Requirements

Residential Rental Requirements

We review applications individually

Each application is reviewed individually to get a good understanding of the applicant's situation.

Income

While there is not a set minimum income, we want to ensure you are comfortable with the amount of rent set for a property. To qualify for a single month deposit, we look for a minimum of 3 times the rent amount as NET income. (Example: If the rent is $1000, your total household income, to include any other working adult's, would need to be a minimum of $3000 per month.)

Credit

We do not require a minimum credit score. We look at items on your credit that may indicate there is a risk to the owner. To qualify for a single month deposit, we look for clean credit history without collections or late payments.

While negative history does not automatically disqualify an application, it may affect other options, rates or any security deposit that may be required. If you have some collections on your credit report, you may have 1.5-2 times the deposit we would normally request. (Example: if a highly qualified applicant's deposit would be $1000, your total deposit may be $1500 - $2000.)

Evictions

Evictions happen. No one likes to talk about them, and we certainly don't like to have to file them. We are cautious with previous evictions, but that does not mean someone with an eviction history can't rent from us. If you have been evicted within the past 12 months, we ask you call our office to see if a pre-payment option is available. If your eviction was over 12 months ago, but less than 36 months (1-3 years), you will likely see a maximum deposit amount, and possibly some pre-paid rent required. For evictions dated between 36 and 60 months (3-5 years), we typically require 2 times the typical deposit.

An important aspect when looking at any eviction regardless when it was filed, is the balance, if any. Paying a balance from an eviction, even after you have moved out, helps provide a higher level of confidence your account with us will be paid off.

Criminal History

With regards to an applicant's criminal history, again, we are checking for anything that may indicate there is a risk to the owner. We understand, everyone has a past. The offence date is taken into consideration when reviewing criminal history. To qualify for a single month deposit, we look for a clean recent background.

Pets

We love our pets. They are part of the family. Each property has a pet policy. For most of our properties, pets are welcome with reasonable restrictions. Generally, based on a property's size, there is a limit on how many pets are allowed. There may be limits on weight, most often to protect a property's floor from scratches. Sometimes an owner's insurance or the neighborhood (HOA), will have additional restrictions on what types of pets or breeds are allowed. We are unable to make exceptions for neighborhood or insurance restrictions.

Some aggressive breeds, require additional insurance coverage. This coverage is often quite affordable and easy to obtain. This does not mean your pet is aggressive, however if coverage is required, we cannot make an exception.

If you have questions regarding your pet being approved for a specific home, please provide as much detail on the application as possible.