The last page of the application is the employment verification which needs to be completed by you and your employer.
Your monthly gross income neeeds to be two to three times the amount of the rent, depending on the property.
Your credit must qualify. this will be determined by your credit history and fico score (risk predictor score), which are reported by the credit bureau. Some items that would negatively affect your credit are repossessions, collection accounts, tax liens, slow paying credit history or a fico score under 600. applicants with no credit history who meet all other rental criteria will be permitted to rent by paying a security deposit equal to 2x the monthly rent. Anyone evicted from a prior unit or house will be denied residency.
Individual applications required from each occupant 18 years of age or older.
Completed Rental Application(s).
Copy of Photo ID (Drivers License, State Identification Card, or Military ID.)
Copy of Social Security Card (for each applicant over the age of 18).
Employment and/or Income Information.
Copy of Most Recent. (3) Pay Stubs
If self-employed; Copy of first 2 pages of your last 2 year’s tax return and copies of the last three months bank statement (all pages).
Current and amp; past rental/landlord information.
Signed and amp; dated letter explaining any negative entries on credit report.
Credit check (will be completed by Lock & Key Realty.)
Minimum combined gross income (before taxes) of two to three times the monthly rental amount; this income must be verifiable (paycheck stubs, ban statements or tax returns will verify income.)
$50 application fee (non-refundable) for each adult over the age of 18 at the time of the application. Application fee to be paid by money order or cashiers check made out to Lock & Key Realty to be processed within 24 hours.
First month rent/lease payment and security deposit paid by cashiers check or money order.
Pets on approval (Photo of pet if applicable).
Complete applications are processed within 24hrs. Application fees are non-refundable. Applications are kept on file for 30 days. For Rental Verification you will need to go to http://www.renterinc.com/. There is a fee of $4.99 paid online to renterinc.com. Only qualifying person must be verified.