Deposit, Credit & Income Requirements

We do require credit checks & employment verification.

There is an application fee of $20.00 per adult applicant.   This is non-refundable.

 

 

Duplex Deposits:
Scores above 725:  Discounted security deposit, amount varies and not available on all properties.

Scores between 600 & 700:  Deposit is equal to monthly rent.

Scores between 550 & 600:  Will be considered on a case by case basis but may require higher deposits.

Scores below 550 will be declined, no exceptions.   You must also be current with previous landlords.
Must also be current on any automobile, utilities & credit card debt.

 

House Deposits:
House deposits are all $1,000.00.

Credit score required for houses is 600.   Lower scores may be considered on a case by case

basis but might require higher security deposit.   Scores below 550 will be declined, no exceptions.

You must be in good standing with current landlord.    Must also be current on any automobile, utilities & credit card debt.

 

Income, Job History & References:

In addition to credit we also consider gross monthly income, length of employment and past rental references.

As a general rule your gross monthly income should be at least 4 times the rent amount or net income 3 times the rent amount.
*Copies of pay stubs or proof of income are required.

 

Age Requirement:

Minimum age of 21 is required to rent any of our properties.

 

Bank Draft:

*All rent payments must be made by automatic bank draft.   We draft on the 5th of each month.