Rental Application Qualifying Criteria
Income:
Applicant must have a minimum income of 3 times the monthly rent
amount. Applicants without verifiable income and 6 months of
consecutive job history will be denied.
Rental History: Applicants must have at
least 6 months of positive rental or mortgage history. Applicants
must pay balances due to other properties in full before an
applicant is accepted. Evictions are not acceptable.
First-time renters may be subject to additional requirements.
Credit Check: Complete check of
credit history will be made. A point system will evaluate all
applicants’ credit.
Identification: All applicants
must present a valid driver’s license or other government-issued
photo identification and a United States government-issued Social
Security number.
Criminal: Applicants who have
been convicted of a felony, received deferred adjudication, or have
been arrested for a felony, pending final adjudication, are not
accepted and will be denied. Applicants with misdemeanors against
persons, property, prostitution, DUI, and DWI’S and/or drugs will
not be accepted.
Age: All heads of household must be
at least 18 years of age unless family status applies. All
persons age 18 or older who will occupy the apartment must be
listed as leaseholders.
Occupancy: Maximum of 2 persons per
bedroom allowed.
Note: In the event, a child less than twenty-four (24) months
becomes a member of the household, that child will be considered an
infant, not an additional person in the unit. A child
twenty-four (24) months of age or older will be considered an
additional person in the unit under the two (2) person per bedroom
occupancy requirement. If a child occupying the unit reaches
the age of twenty-four (24) months during the term of the lease,
the tenants in the unit will be allowed to complete the lease term
but will be required to relocate to a larger unit or vacate at the
end of the lease term.
Rental Application: Each applicant must
complete a separate rental application for a one-time
non-refundable fee, including guarantor applicants.
Guarantors must complete and sign a lease guaranty agreement.
Pet Policy: Equimax Management allows cats
and large dogs; breed restrictions do apply. A deposit and a
non-refundable pet fee are required, and all pets must have written
proof of a current license and immunization before moving in.
Limit two pets per apartment home.
Applicants are evaluated on the above criteria and the Resident
Qualifying Criteria. In addition, each applicant must qualify
according to our criteria for rental history, income, credit
report, and criminal history. Applicants failing to meet our
criteria may be rejected or required to submit an increased deposit
or may be asked to provide a guarantor.
I have read and understood the above Statement of Rental
Policies.
