Skycastle Properties Rental Property Application Guidelines for Prospective Tenants
Ready to apply for a rental property? Every
adult who will be residing in the property will be required to provide the
following information for the application process:
1. A
completed application form per adult.
2. Proof of
income; such as three months of pay stubs, three months of bank statements, or
tax documents if self-employed.
3. Please use
the application link provided.
QUALIFYING GUIDELINES:
1. Each person over 18 intending to occupy the property must provide a
completed application and pay the $35 application fee. Each person will have a
credit check, a nationwide eviction search, and a nationwide criminal database
performed. Unfortunately, there is no exception to this.
2. Each
person intending to use their income to qualify must provide the three most
recent months of income verification. Paystubs, personal bank statements, and
if self-employed, tax returns may be used. Please check with the Listing Agent
should you have questions.
3. Each
person applying must provide a legible, clear copy of picture I.D.
4. Once
everything is received for everyone in the party applying and the required
application fees have been paid, we will begin processing the applications in
the order in which they are received. (Incomplete applications will not be
processed)
5. Completed
applications will be presented to the owner of the property for final approval.
6. Once
final approval is received, the applicant will have 24 hours to remit security
deposit payment in the form of certified funds.
7. Once
the deposit is received, the lease will be sent via DocuSign (electronic
signature) for execution. Approved applicants will have 48 hours to execute the
lease or it may be canceled.
Additional
Qualifications / Guidelines:
·
The credit score must be 620 or higher on our credit report to use
that applicant's income to qualify. (A credit score of under 620* will
disqualify that applicant from using their income to qualify)
·
Occupancy is limited to 2 people per bedroom.
·
Security Deposit is always 2X monthly rent amount.
·
Income requirements.
INCOME REQUIREMENTS
Net
monthly income must be at least 2.0 times the rent amount.
OTHER REQUIREMENTS:
·
Pets must be approved. Certain breeds are not allowed due to
limitations in liability insurance.
·
Rent will be pro-rated for the 2nd month you move in.
·
Persons with rental evictions on their records will not be
considered.
·
Persons owing money to a previous landlord will not be considered.
·
Applicants are required to obtain a U.S. Checking or U.S. Savings
account and show proof of such prior to the lease commencement date as rent
payments and deposits are processed exclusively using ACH / Electronic Funds
Transfer. If documentation is not
provided, possession of the property will not be granted and the lease will be
canceled.
·
This is not an inclusive list of criteria but does cover the most
commonly applicable criteria.
