Rental Criteria and Application Procedures
Pursuant to Property Code Section 92.3515, this rental criteria is available to all applicants. The following constitute grounds upon which Landlord will be basing the decision to lease the Property to your household. Based on the information provided, Landlord may deny an application or may take other adverse actions (including, but not limited to, requiring a co-signer on the lease, requiring an additional deposit, or raising rent to a higher amount than for another applicant). If an application is denied or another adverse action is taken based upon information obtained from your credit report or credit score, applicants will be notified.
Criminal History:
Landlord will perform a criminal history check on all applicants to verify the information provided on the Lease Application. Landlord’s decision to approve or deny an application may be influenced by the information contained in the report.
Previous Rental History:
Landlord will verify previous rental history using the information provided on the Lease Application. Failure to provide the requested information, provision of inaccurate information, or information learned upon contacting previous landlords may influence Landlord’s decision to approve or deny an application.
Current Income:
Landlord requires verification of all income as stated on a Lease Application. Depending upon the rental amount being asked for the Property, the sufficiency of income along with the ability to verify the stated income, may influence Landlord’s decision to approve or deny an application.
Acceptable Proof of Income :
Gross Income must be equal to or greater than 3x the required rent amount.
- Most recent check stubs for the past 30 days (1 if monthly, 2 if bi weekly, 4 if weekly)
- 12 months bank statements showing regular deposits (cash deposits will not be acceptable)
- Tax Returns – If self employed
- An Official Offer Letter will be accepted if employment has not yet begun
Credit History:
Landlord will obtain a Credit Reporting Agency (CRA) report, commonly referred to as a credit report, in order to verify an applicant’s credit history. Landlord’s decision to approve or deny an application may be based upon information obtained from this report. If an application is denied based upon information obtained from a credit report, applicant will be notified. Please note, everyone age 18 and over is required to submit a Lease Application regardless of student, income or rental status.
Failure to Provide Accurate Information in Application:
Failure to provide accurate information on an application or any provision of information that is unverifiable will be considered by Landlord when making the decision to approve or deny an application. Falsifying information is grounds for immediate denial.
Pets:
Pets may be accepted on a case by case basis. We use a third-party pet policy service, all applicants must create a tenant-only, pet and/or animal profile. If you have a pet, there is an additional per pet charge which is administered by the third-party tool. Breed restrictions may apply. If your pet is accepted, there will be a $250.00 non-refundable pet fee per pet and a monthly pet rent of $25.00 per pet in addition to your monthly rent.
