Application Requirements
RESIDENT ACCEPTANCE POLICY SCORING: Each applicant's screening report shall be reviewed for three types of adverse information: NEGATIVES, TERMINALS and REQUIREMENTS. If THREE or more NEGATIVE items are found in a report, with no extenuating circumstances (example: temporary loss of job, medical reasons, family emergencies, etc.), the applicant will be denied.
NEGATIVES:
The following items shall be considered negative items:
Any two credit accounts that have been rated R2 (30-59 days late) in the last seven years
Any credit account that has been rated R5 (120+ days late) in the last seven years.
Any two credit account charges off, discharged Chapter 13 Bankruptcy, vehicle repossession, lien or any unpaid civil judgment in the last seven years.
Any rental reference that includes more than 1 late payment or shows more than 1 NSF check
Any instance of unauthorized pets or persons occupying a unit rented to the applicant.
Any instance of improper or lack of Intent to Vacate notice and/or lease broken by the applicant.
TERMINALS:
The following items shall be considered terminal and sufficient to decline the application:
Any OPEN bankruptcy
Any unpaid apartment collection, negative rental OR incomplete reference(s).
Any eviction or Unlawful Detainer action.
Any income level or combined income level in the case of co-applicants, which does not meet the income requirements.
Any conviction for the selling of drugs or possession of drugs with intent to sell, or any conviction for contributing to the delinquency of a minor
Any registered or unregistered sex offender.
Any history of disruptive, malicious, violent behavior and/or more than 2 convictions of Domestic Violence.
Any false or misleading information provided by the applicant on the written application or omission of a material fact.
A total of $2,000 or more in unpaid collections in the last 7 years.
Any criminal sex offense conviction shall be considered on a case-by-case basis taking into consideration the offense, time, and mitigating factors since the conclusion of the case.
REQUIREMENTS: 12 months of verifiable RENTAL HISTORY. Failure to provide rental history will result in a terminal.