Our 3 major requirements include but are not limited to:
* 3 times the monthly rent in income
*1 year of good rental history
*No evictions in the past 5 years
We require several weeks of your most recent paycheck stubs. We do NOT accept letters from employers.
To prove employment the prospect must have pay stubs or tax returns showing income of the required amount. We also accept government assistance like SSI, disability, and EBT as a source of income. We do not accept unemployment checks or child support as income, do to a high level of volatility and temporary status. We need to verify at least 3 times the monthly rent in income. NET. So if the rent is $700/month we have to prove $2100 in income per month after taxes (and any other payments or fees) are taken out.
We require a good, stable rental history dating back at least 12 months. You must provide your landlord’s name and information on the rental application. Prior to calling the landlord listed on the application, we pull up tax records (public records) to verify who actually owns the property. When we call your landlord, in order to do a rental verification, we ask if you have paid rent on time, if you have given notice of moving, and if they would re-rent to you.