13. PDF Statement of Rental Policy Before You Apply - Rental Success® 8. No rental history Poor rental history (i.e., prior evictions, rent/utility arrears) Insufficient savings. How to Check Your Rental History Report - Experian Therefore, having a good rental history means more than just always paying your rent on time (although that certainly helps). You may be rejected if: You have a poor rental history. Employment History All applicants must have six (6) months of verifiable employment history with current employer. No Rental History? How to Get an Apartment With No Rental ... When you understand how to be approved for an apartment, you can provide your landlord with the right information and apply for apartments that best suit your rental interests. Southport Apartments - Belleville, MI | Apartments.com Newly Renovated Apartments Near Atlanta Airport ... While in the process of making our decision to lease there or not, we received an email with a denial letter due to "Rental history unsatisfactory or insufficient" which was totally made up. An unsatisfactory credit history is one that reflects past or current bad debts (exceeding $2,500), late payments or unpaid bills, liens, bankruptcies over 24 months. Please note that unsatisfactory credit references or insufficient credit history may result in additional required deposits or declined application. Sporadic employment history. 6. An unsatisfactory or insufficient finding will result in the requirement of an additional deposit, guarantor, or denial. We obtain a credit report on each applicant. Applicants are responsible for ensuring their credit history is accurate. Applicants are responsible for ensuring their credit history is accurate. No fault evictions, such as Ellis Act or Owner Move In evictions will not be held against a household. ; score in the "Approved" category for credit history, minimum employment of one year, and must furnish all . Rental History. Security Deposits -Applicants with better credit and references will generally be approved at a security deposit of 1 months rent. Outstanding balances $500 or more to any prior property management company or rental community. Oh and don't forget about the new resident special happening now. Those three words can send a chill up your spine — and can seemingly freeze your finances — when you're applying for a credit card or loan. An unsatisfactory or insufficient finding may result in the requirement of an additional deposit, guarantor, or denial. An additional deposit Even if you have decent great, it can be overwhelming to find an apartment. Poor credit history. Medical and Student Loan debt will not be taken into account. Please feel free to contact me directly at (734) 697-8742 if you have any questions or concerns that I may be able to answer. Unqualified occupants, pets and/or vehicles can also be a reason for decline. Mail the rejection letter Regarding the double security deposit comment, all rental agencies require a higher deposit when an applicant's credit, income and/or rental history are poor or insufficient. Poor rental profile of any applicant (rental history reports are obtained) Non-payment or frequent late payment of rent Evictions Broken lease or amount still owing previous landlord If any landlord(s) would be unwilling to rent to you again for reasons pertaining to the Please note that unsatisfactory credit references or insufficient credit history may result in additional required deposits or declined application. 9. . Almost 56% of landlords say that prior eviction history is one their top concerns about new tenants , and running an eviction check can provide the peace of mind you need to move forward . third‐party company evaluates credit and rental history against indicators of future rental payment performance. Online Application Affordable Housing Application. 14. The use of a validated co-signer will be accepted in certain cases. If we find evictions, unpaid balances due to landlords, insufficient income, unsatisfactory references, Some felonies and recent bankruptcies. ** Insufficient income ** Poor rental history ** Criminal history of applicant(s), or occupants ** Poor credit history or no credit history . Rental history of: Non-payment or frequent payment of rent; Eviction; Drug Use; Poor Housekeeping/Poor supervision; Unruly or destructive behavior; Violence . Thank you for understanding in advance. Credit History: Poor, late payments, may include judgment for debt to a landlord, Applicants are responsible for ensuring . Our credit reporting agency evaluates credit (which may include rent payment history) as an indicator of future rent payment performance. Google's free service instantly translates words, phrases, and web pages between English and over 100 other languages. An unsatisfactory or insufficient finding may result in the requirement of an additional deposit or denial. "It can be challenging to find a place to rent with no rental history, but it's not impossible," says Denise Shur, a Realtor® with 1:1 Realty in San Jose, CA. General Guidelines for Analyzing Borrower Credit, Continued 4155.1 4.C.1.d Lack of Established Credit History The lack of a credit history, or the borrower's decision to not use credit, may There is no reason to allow past mistakes to haunt you forever. Unsatisfactory credit history and limited to no credit history can result in an increased deposit of one months' rent. Landlord references poor. An unsatisfactory or insufficient finding will result in the requirement of an additional deposit, guarantor, or denial. An unsatisfactory or insufficient finding will result in the requirement of an additional deposit, guarantor, or denial. A 2 bedroom, 1.5 bathroom layout renting for $1,525. Any outstanding balance with the local gas and/or electric utility provider must You have a poor rental history. has a poor credit history, or insufficient credit history; has a criminal record; Negative rental profile may result in denial. The use of a validated co-signer will be accepted in certain cases. Landlord references poor. The applicant has a poor rental history. Thank you for submitting your Application to Rent to us. A positive rent payment history on a rental history or tenant screening report can help future landlords get a picture of how likely you are to pay your rent on time—and how you've avoided skipped payments or collections. One eviction within the last five (5) years or two (2) evictions . This means that your salary would need to be at least $120,000 per year to be able to rent the apartment. Just follow the steps below on . • Insufficient income . In some cities, landlords may require that you have an even higher income-to-rent spread to reduce the risk of unpaid rent. (Rent stabilization is the larger of the rent-regulation systems. An unsatisfactory or insufficient finding will result in the requirement of a guarantor or denial.