WHAT DO WE LOOK FOR IN AN APPLICANT?
-- Proof of Citizenship; Valid Photo ID, and/or Non-Expired Passport.
-- INCOME MUST BE AT LEAST 3X THE AMOUNT OF RENT, except for individuals on disability or retirement benefits. If you have a partner (or spouse) that you have been living with for at least 1 YEAR, with Landlord Reference, both incomes may be combined for your total monthly income.
*Friends and Family Members do not qualify as a Landlord Reference.*
Documents accepted as proof of income are as follows: Paystubs from the past 30-60 days, W-9, 1099, and/or Benefits Statement Letter.
Cash App transactions or Bank Statements are not considered proof of income. Depending upon your employer we may be able to accept an Employment Verification Form along with proof of Cash App payments / Bank Statements.
-- Employment Verification. Have you been with your job at least 2 years? If no, you may be able to use a Co-Signer at the sole discretion of the owner/landlord.
Co-Signers must reside in Virginia. They will need to complete a Co-Signer Application, Pay an Application Fee, and provide Photo ID along with Proof of Income.
-- Credit Check; No scores under 525. Medical collections and student loans are not held against an applicant. Any bankruptcies must be at least one year old with satisfactory credit re-established; no open chapter 11 or 13.
-- Good Rental Reference; at least 2 years of rental history with reference from your current or most recent Landlord.
*Applicants with No Rental History OR No Credit (Bad Credit) MAY be able to provide a double Security Deposit (equal to First & Last Month's Rent) at the sole discretion of the owner/landlord.*
-- Background Check; No violent felonies or sexual offenses. Non-violent crimes older than 5 years are subject to approval at the sole discretion of the owner/landlord.
FINAL DECISIONS ARE NOT MADE UNTIL AN APPLICATION HAS BEEN FULLY PROCESSED.