Application Screening Policies
Application Process:
- There is a non-refundable application fee of $60 per applicant.
- Each person over the age of 18 who will be residing in the home, MUST submit their own application.
- Each person under the age of 18 who will reside in the home (even temporarily) must be listed as additional occupants on the application.
- Completed applications are processed in the order they are received.
- If you have a co-applicant all applications must be completed before submission to the background company
- One request will be made for any REQUIRED documentation that is missing. If the requested information is not received within 3 business days, the application will be denied.
- All applicants are required to sign a release form to perform the required background check.
- Inappropriate demeanor toward any 333Rent employee or it’s representatives can impact the outcome of the application.
- Any information provided that is incomplete, unverifiable, inaccurate, or falsified will impact the overall decision of your application.
- The application process takes 5-7 business days to verify all required documentation.
Rental History:
- Each applicant (if applicable) must provide verifiable rental history for a minimum of 1 full year.
- Applicants must provide contact information for past landlords ( if applicable).
- If you do not have previous rental history or lack a full year, a qualified co-signer would be considered.
Employment/Sufficient Income Information:
- Gross household income must be an average of 3 times the amount of rent.
- Must provide 6 months of verifiable income recent pay stubs, financial aid statement, employer contact, proof of self-employment, proof of non-employment income, Social Security letter and/or Housing Voucher
- Applicant(s) must have current verifiable employment and income.
- If applicant does not have verifiable income equaling 3 times the rent, a qualified co-signer would be considered.
Credit/Criminal/Eviction Reports:
- Each rental application will be submitted for a credit, criminal and civil background check.
Co-Signers:
- All co-signers are held to the same standard as applicants.
- Co-signer’s income must meet or exceed 4 times the amount of rent.
- Co-signers may cover an applicant’s lack of rental history or income.
- All co-signers must read and sign our co-signer agreement.