Rental Criteria

• Income: Net 2.5x monthly rent (of the home applied for)
• Verifiable Income: Paystubs, bank statements, child support order, social security distribution letter, tax filing etc. (Personal income only, income from a business is not considered as income)
• Minimum of a 575 credit score**
• No evictions in the past 4 years, No eviction filings in the past 4 years.
• No foreclosures in the past 4 years
• No judgments from landlords in the past 4 years
• No past due balances owed to a previous or current landlord.
• No bankruptcies filings within the past four years. Multiple bankruptcy filings with dismissals will result with an automatic denial. No active Chapter 13 bankruptcies.
• Positive and verifiable rental history for the past 2 years (no more than 3 late payments in a year, no negative feedback from landlord)
• Debt-to-income ratio of 50% or less: monthly debt servicing must be less than half of your Net income.

**Overall credit history is reviewed. Multiple charge and write offs, multiple collection accounts, and multiple late payments will result with an automatic denial regardless the credit score.