What is your rental criteria?

CREDIT:

Use of a CPN #, Credit Repair and/or a New Credit File that has started in the last 6 months will result in an Automatic Denial
Transunion Credit Scores under 580 must be accompanied by a Co-Signer or Co-Applicant with a credit score that exceeds a 620+
Transunion credit scores between 580-649 can be approved conditionally and must pass the income and rental history requirements
Transunion Credit Scores 650+ or higher are sufficient for approval and also must pass the income and rental history requirements
If you do not have a Credit Score, it will automatically default to a 400

INCOME:

Applicants must have a COMBINED Net Income (After taxes) of at least 3 x the rental rate
Paystubs and bank statements are verified through a 3rd party company, Findigs to ensure accuracy and authenticity
Applicants who are self-employed must provide filed tax returns of the previous fiscal year & 3 months of bank statements
Additional income such as SSI and Retirement benefits are accepted as long as proof of deposit is provided
Applicants with an Award Letter or an Offer letter MUST have a Co-Signer
Applicants who have been employed less than 12 months MUST have a Co-signer
Spousal Support and Child Support must be verified by the actual DEPOSIT of these funds. Court Ordered documents will not be considered.
Unemployment and Child Tax Credits are NOT considered income
Applicants who are in an ACTIVE bankruptcy will not be considered for a rental with All 3 Realty, Bankruptcies much be discharged. Applicants MUST have a Co-Signer if it has been discharged in the last 5 years.
Pre-paying rent does NOT alter our rental requirements

RENTAL HISTORY:

2 MOST RECENT Years of good, VERIFIABLE, rental or mortgage history (Late payments and poor reference will affect the approval)
Living With family or a friend and/or Subleasing is not accepted as verifiable rental history
Unverifiable rental history including non-responsive landlords, landlords who cannot provide property ownership verification and lack of rental payment ledger will be scored will not be considered verifiable rental history.
If you do not have verifiable rental history and/or have been living with family/subleasing, You MUST meet our minimum Income (3 x Net) and Credit (650+) requirements, Additional Deposit may be required
Applications must have given Property Notice to Vacate to their current landlord per their lease terms with their current management company
Poor rental history from your current landlord will result in rejection (current balances, poor payment history (2+ late pays per year), lease violations, etc)

Do I need a Co Signer? (If you answer YES to any of the below questions, then YES, you need a Co Signer)

I have no verifiable rental history ( I have been living with family, friends or subleasing)
I have a credit score under 580 (TransUnion)
I am newly employed and can only provide an Offer or Award Letter
I have been employed at my company for less than 90 days
I have a rental collection in the last 5 years that exceeds $1000.00
I have had a DISCHARGED bankruptcy in the last 5 years

What are our Co-Signer Requirements?: