Rent Criteria
Rental Criteria. To qualify for an apartment, every applicant must meet the following criteria:
Income. The applicants’ total gross monthly income must equal at least three times the monthly rent. Applicants must be able to prove at least one year of employment immediately preceding the date of the application. Management will require a lease guarantor if applicants have been full-time students at any time within the previous year. If applicants are unemployed, proof of an alternate source of income is required. A verifiable tax statement showing the prior year's earnings must be provided if the applicant is self-employed. Income may be proven in several different ways: 1) the two most recent consecutive paystubs from the employer, 2) an offer letter on company letterhead that is verifiable, 3) last year’s taxes, including copies of the IRS W-2 or 1099 Forms 4) a letter from a tax accountant on company letterhead stating total monthly and annual earnings 5) substantial funds in liquid accounts that can be verified on institutional letterhead.
Rental History. Every applicant must have a satisfactory rental and/or mortgage payment history. The rental application may be rejected if applicants have ever been evicted or sued for any lease violation. A history of late payments will also be grounds for rejection. Rent payments are due on the first of the month.
Eviction History. The application may be rejected if an applicant has ever been asked to leave any residence (including military housing) due to financial or other misconduct.
Credit History. Every applicant’s credit record must currently be satisfactory.
Criminal History. If any applicants have ever been convicted of a felony, the application will be rejected. If convicted of a misdemeanor involving dishonesty, drug or sex offenses, or violence, the application will be rejected.
Guarantors. If the applicants do not meet one or more of the above criteria, a third party to guarantee the lease may be accepted. The guarantor must pass the same application and screening process that every other applicant must pass, except that management will deduct the guarantor’s own housing costs before applying his or her income to our income standard.
Falsifying Data. If any provided information is falsified, the application will be denied and or/ occupancy terminated.
Summit View Apartments is an equal-opportunity housing provider. Management fully complies with the Federal Fair Housing Act and does not discriminate against anyone because of race, color, religion, sex, handicap, familial status, or national origin. This firm also complies with all state and local Fair Housing laws.
Age. All persons over 18 residing in an apartment are considered parties to the lease and must qualify financially.
Roommates. Every roommate must complete an application. Each applicant will be separately qualified. The income requirement may be combined.
Management thoroughly verifies all provided details using government-issued IDs, bank statements, tax statements, employer confirmation, and other documentation as needed.
