Screening Criteria and Disclosure (click here to download as PDF)
Before you apply for a home, read the following information concerning the approval process. If you have any questions, feel free to reach out to our office.
*WANTING AN OFFER LESS THAN LIST PRICE WILL DELAY OR REJECT YOUR APPLICATION.
*WE DO NOT PRE-SCREEN APPLICATIONS. We encourage all potential applicants to pre-screen themselves with the criteria below and then apply:
Real Property Management Heritage is committed to equal housing and we fully comply with the Federal Fair Housing Act (FFHA). We do not discriminate against persons because of race, color, religion, sex, handicap, familial status, national origin, or age. We also comply with all state and local fair housing laws. We offer applications to everyone who requests one. Each occupant over the age of eighteen (18) must complete an application and pay the $75 application fee. Approval is based on eight (8) factors:
- Identification Verification
- Credit Score
- Credit History
- Employment Verification and History
- Income Verification
- Resident Verification and History
- Criminal, Sex Offender, and Terrorist Background Check
- Animal Criteria
Each applicant is required to provide a copy of a legible government issued photo identification card.
All credit scores 500 or below will be declined. Applicants less than a 615 combined credit score may be subject to a risk mitigation fee, or other proposed terms as outlined below:
Combined Credit Score of 614 to 600 will require an additional risk mitigation fee of $250
Combined Credit Score of 599 to 575 will require an additional risk mitigation fee of $750
Combined Credit Score of 574 and below will require an additional risk mitigation fee of $1,250 AND subject to review and approval by upper management.
We will obtain a copy of your credit history from Experian. You cannot provide this to us, we will obtain this ourselves. We will take into consideration if the applicant has paid all bills on time and if the applicant has a history of debt “write-offs” or accounts that have gone into collection. Money owed to a previous landlord or utility company is cause for denial.
Employment Verification and History
We verify current employment and previous employment for at least the past three (3) years. If you are self-employed, retired, or not employed, we can accept such documents as signed tax returns from the previous two (2) years, bank statements, etc. that provide proof of the applicant’s ability to pay the rent. If military, we need a current copy of your leave and earnings statement. If you are active-duty military, you must be on an assignment that, to best of your knowledge, will allow you to complete an initial twelve (12) month lease.
Your monthly income must be at least three (3) times the monthly rent and verifiable from an unbiased source: employer through pay stubs, tax returns, and/or bank statements. Self-employed income maybe verified through tax returns or from a CPA-prepared financial statement. Your employment history should reflect at least six (6) months with your current employer. Transfers or re-locations must have correspondence showing an accepted job offer. Any verification fees required by the employer must be paid by the applicant.
Applicants who do not meet these requirements must show bank statements showing a minimum average equal to eight (8) months of rental payments for the last six (6) months.
Resident Verification and History
An application with an eviction in the last 5 years will be denied. We verify residential history for at least three (3) years whether you currently own, rent, lived on base or lived with someone else. Applicants are responsible for providing contact information including but not limited to the names, addresses, phone numbers, and emails of landlords with the dates of residency for the previous three to five (3-5) years. Rental history must be verified from unbiased sources. We can accept military base housing as rental history. Broken leases, late payments, or any issues with previous residencies will be considered on a case-by-case basis and an additional security deposit may be required.
Criminal, Sex Offense, and Terrorist Database Check
We will check these databases for all occupants over eighteen (18). We do not rent to any person required to register as a sex offender. Criminal backgrounds involving violent crimes, sex offenses, domestic violence, and/or involving the possession or distribution of weapons or illegal substances are all grounds for denial of an application. Exceptions may be made for type and or age of offense, please provide details in advance of the review.
Animal Policies vary from one homeowner to another. Some owners do not permit animals (other than approved service animals), while other restrict the type and/or size of allowable animals. No more than two animals per property without specific owner approval. Tenants may be evicted for misrepresenting any of the animal, as well as for being in possession of any poisonous, dangerous, endangered species or otherwise unauthorized animal.
On a case-by-case basis, Real Property Management Heritage will allow for Restricted Breed dogs that are all or any portion of mixed with the following breeds:
Husky or Siberian Husky
If a restricted breed is allowed, a dog liability insurance policy is required with a minimum coverage of $100,000 per incident and name “Real Property Management Heritage” as an additionally insured on this policy.
Application Fees, Security Deposits, Rent, and other Fees
|Application Fee||$75 per applicant||Paid online with the application. Each applicant eighteen (18) years of age and older must complete an application and pay the application fee.|
|Security Deposit||One Month’s Rent||Due upon signing of the lease. Once the deposit is paid in full, we will close online listing and remove any signs in front of the home.|
|First Rent Payment||Prorated Rent||Prorated rent is due before move-in to receive keys to the home.|
|AC Filter Delivery||$22||Due Monthly|
|Pet Admin Fee||$35 per pet||Due Monthly (No additional security deposit required)|
|Late Fee||$100 one-time
and $25 per day
**All charges and fees are subject to change without notice. Please read your lease before signing.