Qualifications

Rental Criteria

Resident History

An applicant must have at least 18 months resident history without any negative information or be a previous home owner. A qualified co-signer can co-sign for a new renter or credit distressed prospect.

Income Criteria

Applicants must have a verifiable monthly gross income as follows:

Total Household income criteria

2.5 x’s monthly rent

Job history has to be submitted with proof of income or 1 years worth of rent in a bank account.

Credit History

Applicants must have a FICO score of 620 and above, a FICO score 570-580 can  be considered with conditions only, those conditions can range from a co-signer to 1.5 times the rent as a deposit. The applicant can not currently owe another landlord monies unless payment arrangements have been arranged and instated.

Automatic Denials

Conviction of a felony, bankruptcy that is not filed , eviction, skip or money owed to previous landlord or falsification of application.

Pet Criteria

Dogs must be 1 year or above

No aggressive breeds..ie..Pit Bulls, Pit Bull Mixes, Doberman Pinchers or Wolf breeds.

Pet deposits are required and start at $200.00 per pet for weight under 40 lbs over 40 lbs start at $400.00 per pet. Cats have to be spayed or neutered.

Co- Signers

Co signers have to qualify with income 5 times the amount of rent. Credit score has to be 700 or above and have no negative rental history.

Fore-closures

Foreclosures are acceptable as long as the credit score still falls within Credit criteria.

All residents are required to obtain and maintain a policy of Renters Insurance and Dp Properties is to be named as additional insured.

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