Screening Criteria
TENANT SCREENING REQUIREMENTS
- Completed rental application for each resident 18 years of age and over. Application costs are paid directly by the applicant. A $30 fee per applicant covers a basic credit, background, and eviction check.
- Minimum qualifying standards are a credit score of 600.
- Employment verification or verification of other sources of income e.g., Social Security; Child Support; Disability.
- Landlord references for the five previous years. References must be positive.
- No record of evictions or judgements from previous landlords.
- Must pass criminal background check, with no history of violent criminal behavior. Record should demonstrate a pattern of reliability and responsibility.
- Financial ability to pay rent.Tenant is required to have minimum gross income of three times the monthly rent to be considered qualified.
For example:
Gross (Pre-Tax) Monthly Income Rent Qualified?
Gross income of $8,000, Rent $2,500 = Yes, Qualified ($2,500 X 3 = $7,500 Min Income)
Gross income of $5,000, Rent $1,900 = No, Not Qualified ($1,900 X3 = $5,700 Min Income)