Appliances Are Rented for a Monthly Fee…
Please be advised that applications cannot be processed unless they are complete & legible and all requested documents are presented. Please provide the following items along with your rental application:
o Completed and Signed application for each adult (18 years of age +)
o An application fee of $35.00 per applicant (paid in cash or money order only)
o Income verification- must be legal and verifiable
(copy of current paystub showing YTD earnings, tax returns, letter of hire, etc. If self-employed, please provide last 3 month’s bank statements and two years tax returns.)
o Proof of present address (if address is not on a paystub or driver’s license)
(e.g., copy of utility bill)
o Copy of Driver’s License, state issued photo ID, Government ID card or Passport.
o Current Monthly Bank Statement (with explanation of irregular or large deposits/withdrawals).
o Letter of Referral from current or previous landlord.
The following may be grounds for automatic denial of application:
Evictions, non-discharged bankruptcies (24 months), foreclosures (12 months), felony or other serious criminal convictions.
Deposits may be determined in the following manner:
If your monthly Income: 1) 3X the rent amount 2) legal 3) verifiable = Standard Deposit.
If income is not 3x the monthly rent amount:
Debt to Income ratio Under 38% = Standard Deposit
38.1-42% = Deposit + half. 42.1-44% = Double Deposit.
(Debts are defined as minimum monthly obligations per your credit report)