Whats it TAKEs TO GET IN.

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Scoring is based on a point system. Keep track of your points and add them up at the end to determine your score.

1.   Income Section :

Figure your rent.

A. Income 

_____ Income is 2.25 X rent  = (0 points).

_____ Income is 2.5 X rent  = (1 points).

_____ Income is 3 X rent or greater = (2 points).

Example: rent is ($2000 X 2.25 = $4500), ($2000 X 2.5 = $5000), ($2000 X 3 = $7500). 

INCOME LESS THAN 2.0 NEEDS PROPERTY MANAGER APPROVAL.

B. Time at place of employment or length of income source :

_____ Length of source of income is 6 months or less/ 

numerous lapses in employment. ( 0 points) 

_____ Employment or source of income is 6 months to 1 year , ( 1 point )

_____ Employment or source of income is more then 1 year or is permanent. Such as ;    -         SSI, Retirement, Disability, etc.  , ( 2 points )

C. Savings : 

_____Savings account is $ 2,000 or less (0 points)

_____Savings account is $ 2,000 - $5,000 (1 points)

_____Savings account is $5,000 or greater (2 points)

( Must be Verified with bank statement)

2. Rental History :

a. History with Property management:

_____Eviction  (-1 points)

_____Bad History with prior management (0 points)

_____None / First time (1 points)

_____Good History with prior management (2 points)

b. Credit Points 

_____120 days late or worse or unpaid collections(s) (-1 points)

_____90 days late on unpaid collection. (0 points)

_____No credit, closed bankruptcy over 1 year old , paid 

          collection or judgement and written proof from credit agency of payment.            -         (1 points)

_____No adverse credit (2 points)

Total:_____ (Min 5 points )

Note: 

*** AUTOMATIC DISQUALIFICATION: PREVIOUS EVICTION, POOR RENTAL HISTORY, INCOME LESS THEN 2.0 x RENT, OPEN BANKRUPTCY, OR BANKRUPTCY CLOSED 6 MONTHS OR LESS.

*** Applicant(s) with "0" point on credit section may qualify with Property Management approval. "5 "points combined  Income/Rental history can qualify for Income insurance Deposit , provided current history of good credit.

                                                   (Ask us about it !)

*** SCORE IS FOR PREQUALIFICATION ONLY. NOT AN APPROVAL