RULES BEFORE YOU APPLY:
Each person 18 years of age and over needs to submit his/her own application (no exceptions). Applicants are reviewed on the same criteria, one person or family at a time, on a first complete application in (which also includes your proof of income / financial documents), first complete application out process. We will not start processing your application until we have a complete application package including the completed application form and all required financial documents that show proof of income.
To process your application we will need the proof of income (financial documents). This proof of income may include but limited to; pay stubs, benefit letters, bank statements, tax returns and etc. Proof of income information can be mailed, faxed or emailed. Our address is 25096 Jefferson Ave. Ste. B, Murrieta, CA 92562; our email address is: email@example.com.
We do not process incomplete applications (no exceptions). It is the applicant's responsibility to verify that we have received their completed application form and all of the financial documents (proof of income) required to process the application. We strongly suggest that you send your financial documents (proof of income) the same time and day you fill out your application and then immediately verify with us that we have received same.
Simple Checklist Guidelines for Applicant Procedure
□ Application completed online.
For each person 18 years of age and over (no exceptions).
Please make sure to include a valid email address, as well as employment and rental history contact information.
□ Proof of income submitted to the office.
2 pay stubs, and other proof of income, and 2 month’s of bank statements. Proof of income may include but not be limited to; pay stubs, benefit letters, bank statements, tax returns, etc
6 months of bank statements and the last two years of tax returns if self employed.
□ Credit Application Online.
Fill out the online credit score application when and if prompted through your email by the property manager.
Resident History: An applicant must have at least 18 months resident history without any negative information or be a previous homeowner. Applicants with no rental history or with less than 18 months of rental history can qualify with a co-signer. Co-signer must meet the co-signer criteria outlined below.
Income Requirement: All adults must provide proof of their income. Combined income must equal 2.5 times over the cost of rent. (This means if you multiply their rent by 2.5 it should equal or be less then their combined income). Proof of income is by the last 2 pay stubs and last 2 month’s of bank statements. Or if they are self employed we require 6 months of bank statements and the last two years of tax returns. To verify their documents are correct you must call their employer and speak with a supervisor to ensure they still work there and their documents are correct.
Credit History: Applicants must have a FICO score of 575 or above. A FICO score of 550 to 574 will be considered with conditions only. These conditions are a co-signer or an additional security deposit (total security deposit equal to 2 times the monthly rent). The applicant can not currently owe another landlord monies unless payment arrangements have been arranged and instated.
Automatic Denials: Evictions, skip or money owed to previous landlord, bankruptcy that is not discharged, and falsification of information on the application.
Pet Criteria: Dogs must be 1 year or above. No pit bulls, Staffordshire terriers, Doberman pinchers, rottweilers, German shepherds, chows, Great Danes, Presa Canarios, Ckitas, Alaskan malamutes, Siberian huskies, Dalmatians, wolfs, and wolf hybrids. Other aggressive dog breeds are permissible upon approval with a $300,000 pet insurance policy that names our property management company as an additional insured. Pet deposits are required and start at $500.00. No Cats shall be allowed in our rental homes starting 1/1/2019. Assistive animals for the disabled are not considered to be pets and are exempt from the foregoing restrictions, but do require prior written approval of management.
Co-signers: Co-signers have to qualify with income 5 times the amount of rent. Credit score has to be 700 or above.
Foreclosures or Short Sales: Foreclosures or Short Sales are acceptable as long as the credit score still falls within the Credit criteria.
Please note: Some specific properties may have slightly different criteria or additional criteria requested by the owner of the property. Please contact the property manager to ask about these particular properties and their specific criteria.
All residents are required to obtain and maintain a policy of Renters Insurance and name the Property Management Company as an additional insured.