resident selection policy

resident selection policy

We support the Fair Housing Act as amended, prohibiting discrimination in housing on the basis of race, color, religion, sex, sexual orientation, marital status, national origin, ancestry, familial status, disability, source of income, citizenship, primary language, or immigration status.

rental history

Up to 24 months of rental history may be verified on present and previous residences.  A positive record of prompt monthly payment, sufficient notice, with no damages or noise complaints is expected.

credit history

An unsatisfactory credit report may disqualify an applicant from renting an apartment home at this community.  An unsatisfactory credit report is one that reflects one or more of the following: past or current bad debts, late payments, unpaid bills, tax liens, judgments (unless appropriate “proof of satisfaction” or “closed date” documentation can be provided) or undischarged bankruptcies.

If an applicant is rejected due to an unsatisfactory credit report, the applicant is encouraged to obtain a copy of the credit report from the credit report provider.  The community will not issue a copy of the report.

If your credit isn’t perfect, but isn’t unsatisfactory, you may be approved with a higher security deposit amount (security amount never to be more than two months rent).

income

All applicants must submit written verification of personal income.
We do not accept co-signers.

You must demonstrate a minimum of 2.7 times the monthly rent amount to qualify (i.e. if the monthly rent is $2,700 x 2.7 x 12 = $87,480 yearly income minimum).

  • If you’re currently employed, we will need a copy of your most recent paystub.  A letter from your employer is not sufficient.
  • If you are just starting a new job, you may submit a copy of your offer letter.  
  • If you own your own business, you may submit a copy of your most recent tax return or 1099.  
  • If you are qualifying based just on liquid assets, you may submit a bank statement (in just your name) showing 4 times the monthly rent times the duration of your lease in a cash lump sum (i.e. if the monthly rent is $2,700 x 4 = $10,800 x 12 month lease = $129,600).

evaluation

The owners of the individual building evaluate the above information and make the final decision on each applicant.

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