Rental Criteria
Rental History
  • Twelve (12) months valid, verifiable rental history
Valid meaning a written lease or month to month agreement.
If rental history is less than twelve (12) months then a First and Last Month Rent-OR- cosigner may be requested, recommendation will be dependant on credit history, level of income, and length of employment.
Credit History
  • At least two (2) accounts established for one (1) year required for approval

If derogatory credit history is in excess of $500, a First and Last Month Rent -OR- cosigner may be requested, recommendation will be dependant on level of income and length of rental history.
Medical collections will not be considered as derogatory credit history.

Employment History
  • Twelve (12) months on the job or previous employment in the same kind of work.

 

Household Income
  • Three (3) times the rental amount in verifiable income.

Income that is 2.5 - 2.99 times the rental amount may require a First and Last Month Rent.
Income that is less than 2.5 times the rental amount may require a qualified cosigner.
Final recommendation will be dependant on level of income, length of rental history, and credit history.

Section 8 Applicant Criteria

All Section 8 applicants are required to meet the same criteria as stated above, with the exception that the applicant only needs to meet income requirements for their portion of the rent. Recommendations will be made following the above set standards, and will include the following notice:

This recommendation is based on the standard for this Community. The applicant should verify with their own specific Section 8 requirements to determine eligibility for residency at this community.

 

International Students and Applicants New to the Country

International students will be required to pay a First and Last Month Rent. Proof of current college or university enrollment or current student visa will be required for valid verifications.

Applicants that are new to the country will be required to pay a First and Last Month Rent. Proof of income source or new job will be required.

 

Cosigner Criteria

A cosigner will be APPROVED if all the qualifications below are met. If the cosigner does not meet any one (1) of the following criteria then the cosigner will not qualify.

  • Rental History:  One (1) year of valid and verifiable rental or mortgage history with no late payments.
  • Credit History:  At least four (4) accounts established for one (1) year, in good standing with less than $100.00 in derogtory accounts.
  • Employment History:  Twelve (12) months on the job or previous employment in the same kind of work.
  • Income:  Four (4) times the rental amount of the unit in verifiable, garnishable income.

 

Grounds for Immediate Denial

Grounds for denial will result from the following on ALL applications:

  • Verified eviction showing on credit report or confirmed with landlord.
  • Rental collection verified on credit report.
  • Balance owing to landlord.
  • Extreme negative and adverse rental history, e.g. Documented complaints and/or damages, multiple late payments or 72-hour notices to pay or vacate, statement by landlord of "WOULD NOT RE-RENT."
  • Unverifiable social security number.
  • Falsification of rental application.
  • Breaking lease agreement that will result in collection filing.
  • Verified name and date of birth match of criminal and/or pending criminal offense as follows:
    • Murder (1st and 2nd degree)
    • Manslaughter (1st degree)
    • Assault (1st, 2nd, and 3rd degree)
    • Robbery (1st and 2nd degree)
    • Rape (All counts)
    • Rape of a child (All counts)
    • Child molestation (All counts)
    • Kidnapping (All counts)
    • Theft (1st and 2nd degree)
    • Burglary (1st and 2nd degree and Vehicle Prowling 1st degree)
    • Malicious Mischief (1st degree)
    • Arson (1st and 2nd degree and Reckless Burning 1st degree)
    • Possession with Intent to Deliver (All counts)
    • Delivery and Sale (All counts)
  • Any criminal conviction deemed harmful to person(s) or property by Epic Asset Management.
  • Any criminal conviction which results in a registered sex offender requirement and/or any sex offender registry requirement.

A criminal records search will be performed for felony and misdemeanor offenses. All felony and misdemeanor offenses must be disclosed on the rental application.

Application Fee

Non-refundable screening fee: $39.00 per person age 18 years or older.