Rental Criteria
I. Occupancy Policy
- Occupancy is based on the number of bedrooms in a unit. (A bedroom is defined as a space within the premises that is used primarily for sleeping, with at least one window/egress window and a closet)
- Two persons are allowed per bedroom.
- Exceptions are made for children under age two. Children under age two are allowed as a third occupant when the child resides with the parent or other adult(s) maintaining proper legal custody.
II. Application Process
Steps to becoming a resident at a typical property:
- Select your rental unit.
- Complete the application on the designated form. All individuals over the age of 18 are required to submit an application.
- Pay your non-refundable application fee of $50.00.
- Once you have been approved, you will be required to pay the minimum refundable security deposit.
- Be prepared to wait up to 3 business days for the information on your application to be verified.
- Incomplete applications to include applicants that have not provided the needed supporting documents for approval process, will be denied.
III. Disabled Accessibility
Typical properties allow existing premises to be modified at the full expense of the disabled person if the disabled person agrees to restore the premises to the pre-modified condition. Typical properties require:
- Written approval from the landlord before modifications are made.
- Written assurances that the work will be performed in a professional manner.
- Written proposals detailing the extent of the work to be done.
- Documents identifying the names and qualifications of the contractors to be used.
- All appropriate building permits and required licenses made available for landlord inspection.
IV. General Requirements
- Positive identification with a picture will be required.
- A complete and accurate application listing the current and at least 2 years of previous rental reference with phone numbers will be required. If applicant has owned a home, previous mortgage statements showing current payments may be used. (incomplete applications will not be processed).
- Each applicant will be required to qualify individually.
- Applicants must be able to enter a legal and binding contract.
- Incomplete, inaccurate, or falsified information will be grounds for denial.
- Any applicant currently using illegal drugs or reporting a conviction for the illegal manufacture or distribution of a controlled substance shall be denied.
- Any individual who may constitute a direct threat to the health and safety of an individual, the complex, or the property of others, will be denied.
V. Income Requirements
- Household monthly income should equal 3 times the stated monthly rent.
- A current paycheck stub from the last two months of employment from the employer will be required to verify income via reference provided.
- Temporary income will not be considered towards meeting the income requirement.
- Verifiable income will be required for unemployed applicants.
- Self-employed applicants will be required to show proof of income through copies of the previous 2 year’s minimum tax returns.
- If household monthly income does not equal 3 times the stated monthly rent, a co-signer will be required.
- You will be denied if your source of income cannot be verified.
- We do not accept housing assistance.
VII. Rental Requirements
- 2 years of verifiable rental history from a current third-party landlord is required. (Rental references ending 12 months prior to the date of application will not be considered current)
- Home ownership is verified through the county tax assessor. Mortgage payments must be current.
- 4 years of eviction free rental history will be required.
- A co-signer will be required when rental history does not meet third party rental criteria or with no rental history. Rental history reflecting past due rent, or an outstanding balance will be denied.
VIII. Credit Requirements
- Good credit will be required, credit score under 645 will be denied for most properties. Must have credit score over 645 to be approved for most properties. Some properties may require a higher credit score to qualify. Credit scores under 645 will require a cosigner. Any unscored credit with negative remarks will be grounds for denial.
- Outstanding bad debt on a credit bureau (i.e.., Slow pay, Collections, Bankruptcies, Repossessions, Liens, Judgments & Wage Garnishment programs) will grounds for denial of application.
- Bankruptcies filed within seven (7) years from the date of application will be denied.
VIII. Co-Signer Requirements
- Co-signers must have credit score of 700 or greater.
- Co-signers income cannot come from retirement, pensions, SSI, etc.
- Co-signers income must be at least three times the amount of the rent.
X. Pet Requirements
- Applicants are responsible to ensure their pet(s) meet the pet criteria as stated in the unit’s advertising. Ridgeline Real Estate will not reimburse any application fees paid if the applicant does not qualify based on the number, type, breed, weight, etc. of their pet(s).
XI. Criminal Conviction Criteria
Upon receipt of the rental applications and screening fee, landlord will conduct a search of public records to determine whether the applicant or any proposed tenant has been convicted of, or pled guilty to or no-contest to, any crime.
- A conviction, guilty plea or no-contest plea, ever for: any felony involving serious injury, kidnapping, death, arson, rape, sex crimes and/or child sex crimes, extensive property damage or drug-related offenses (sale, manufacture, delivery or possession with intent to sell) class A/Felony burglary or class A/Felony robbery; or
- A conviction, guilty plea or no-contest plea, where the date of disposition, release or parole have occurred within the last seven years for: any other felony charges; or
- A conviction, guilty plea or no-contest plea, where the date of disposition, release or parole have occurred within the last seven years for: any misdemeanor or gross misdemeanor involving assault, intimidation, sex related, drug related (sale, manufacture, delivery or possession) property damage or weapons charges; or
- A conviction, guilty plea or no-contest plea, where the date of disposition, release or parole have occurred within the last three years for: any class B or C misdemeanor in the above categories or any misdemeanors involving criminal trespass I, theft, dishonesty, prostitution.
Criminal conviction shall be grounds for denial of the rental application. Ridgeline Real Estate will review the type of conviction, the time that has passed since conviction, recidivism in the record and any clarifying or supportive documentation provided by applicant to determine if that household, because of the conviction would be deemed a risk to person or property.
XII. Denial Policy
If your application is denied due to negative and adverse information being reported, you may:
- Contact at 866-648-1536 to discuss your application.
- Contact the credit reporting agency to:
a) Identify who is reporting unfavorable information
b) Request a correction if the information being reported is incorrect