Requirements
We encourage you to view the home before applying. All homes are offered as-is when you move in.
IMPORTANT! Before completing an application, read and understand the following Tenancy Requirements, our Pet Policy, and Tenant Benefit Program. PLEASE BE SURE TO INCLUDE THE MONTHLY TENANT BENEFIT PROGRAM IN YOUR RENTAL BUDGET.
- We hold properties for up to 14 days once your application is approved.
- Unless otherwise specified, 18 to 24 month lease are required.
- Homes are offered as-is.
- We will not make changes to the the lease or attached exhibits.
- Security deposit is always required.
APPLICATION PROCESSING – We use an outside agency, ACUTRAQ Background Screening, to process our applications. We process applications in the order they are received and paid. In other words, if there is an application before yours for the same property, your application will be held until that application has a disposition. If that applicant is offered and accepts tenancy, your application fee will be returned. Our Property Managers do not pre-screen and cannot determine if you will be approved. The approval process generally takes about 3-5 business days depending on how quickly your employer and previous landlords reply.
We encourage you to view the home before applying. If you complete an application, it will be processed according to the following guidelines. Incomplete applications will be removed and you will be required to start over.
The application fee per adult is $75.
ACUTRAQ Background Screening will run your credit report obtained through one of the credit bureaus. Employment and rental verification may take longer and you should notify them that Acutraq will be contacting them.
Please make certain you have answered all items in the application and uploaded all the required documents. If the uploaded documentation is incomplete or we are not able to verify information from your application, your application will be declined. You will have to re-apply in order to be considered – no exceptions will be made.
All applicants must be at least 18 years old. Each adult whose income will be used to pay rent is required to complete an application.
Students and adults with no solid work history, credit, or who are just getting started in the workforce may have a guarantor or co-signer. The guarantor/cosigner will need to complete a full application and be listed as a responsible party on the lease and must be approved.
Lease Terms – Applications will be processed for 2-year leases. If you enter a 1-year term in the application, your application may not be processed at all and no notice will be given.
Tenancy Requirements – Approval is based on a combination of credit history, income verification, employment verification/history, residence history, criminal background check, and pets.
Each applicant is required to provide a copy of a legible Government-issued photo ID and must be in the U.S. legally (you will be required to upload appropriate documents such as a social security card, Resident Alien Card, Work Visa, or Passport which shows that you are legally in the U.S.). You will be prompted to upload these documents when applying so have them ready.
FOR MONTHLY RENTS $1400 OR LESS:
Credit – You must have a credit file and score with one of the major credit reporting agencies of around 600 and must meet income and residency requirements. If you have weak credit scores, recent bankruptcies, collections or 30/60/90 slow payment history, you may be offered tenancy with conditions depending on the severity of your credit record.
Income – Income per family or income per individual unrelated adult must be at least 2 times the property rental rate with verifiable written documentation; last 2 most recent employer pay stubs, 2 years of tax returns, or 12 months of bank statements. Self-employed applicants must provide one of the following financial records: 1) last 2 years of filed tax returns, 2) twelve months bank statements showing deposits and monthly balances for each month (no internet printouts or phone photos will be accepted), 3) last 2 years of 1099’s showing income for contract work, or 4) CPA-prepared financial statements on letterhead.
FOR MONTHLY RENTS OVER $1400:
Credit – You must have a credit file and score with one of the major credit reporting agencies of at least 650 and must meet income and residency requirements. If you have weak credit scores, recent bankruptcies, collections or 30/60/90 slow payment history, you may be offered tenancy with conditions depending on the severity of your credit record.
Income – Income per family or income per individual unrelated adult must be at least 3 times the property rental rate with verifiable written documentation; last 2 most recent employer pay stubs, 2 years of tax returns, or 12 months of bank statements. Self-employed applicants must provide one of the following financial records: 1) last 2 years of filed tax returns, 2) twelve months bank statements showing deposits and monthly balances for each month (no internet printouts or phone photos will be accepted), 3) last 2 years of 1099’s showing income for contract work, or 4) CPA-prepared financial statements on letterhead.
FOR ALL APPLICANTS:
If your recent employment is a new job, transfer, or relocation, you can show an original offer letter on letterhead and must be signed by a direct supervisor or payroll/human resources representative stating position, salary and state date. You will need to provide your previous employers’ 2 most recent pay stubs. (Verification fees required by the employer must be paid by the applicant). If income received from other sources, such as alimony, child support, Housing Vouchers, etc. is used to meet income criteria, official written documentation is required and must be uploaded.
Employment – Employment history must be verifiable for at least the past 2 years unless you have a co-signer. You must be a permanent employee, not temporary or probationary. Active military must be on assignment that, to the best of your knowledge, will allow you to complete a 12-month lease.
Rental History – Residence history must be verifiable for the previous 5 years. You are responsible for providing information, including the names, addresses, and current phone numbers of all Landlords along with the dates of residency. You must include all your past rental history; it will be reviewed for positive, verifiable history and your landlords will be asked about late payments, NSF checks, warrants, complaints, and condition of the property when you left. We also verify that proper notice has been given and that you did not leave with a balance due or collection account. If you leased from an apartment community, they usually require written notice from you before they will verify your history. It will be to your advantage to notify them in advance to expect a request from Acutraq. Rental history must be verified from unbiased sources (not from family or relatives). Evictions within the last 5 years will be automatic grounds for denial.
Background Check – Applicants with felony convictions involving violent crimes, prostitution, domestic violence, weapons possession, sex offenses or illegal substances may be grounds for denial of residency.
Pets – Pet Screening.
Tenant Benefits - Don't forget to include the Tenant Benefit Package when budgeting your monthly rent.
