APPLICATION PROCESS
Applicant Screening Policies and Procedures.
APPLICATION MINIMUM REQUIREMENTS
APPLICATION FEE: Non-refundable
VIEWING PROPERTY:
VALID IDENTIFICATION:
INCOME:
Household income must be equal to or greater than three (3) times the monthly rent (before taxes). Unrelated parties who have common rental history of more than one year may combine income to meet requirement. Income must be verifiable and can include but is not limited to employment paychecks, alimony/child support, trust accounts, Social Security, unemployment, welfare, grants/loans, and housing assistance.
Applicants must provide verifiable income of at least three (3) times the portion of the monthly rental obligation for which they are solely responsible. For example, if the monthly rent is $1,000, and the applicant receives a federal rent subsidy or local, state, or federal housing assistance of $900, then the monthly obligation for which the applicant is solely responsible is only $100. In that example, the applicant must be able to verify income of at least $300 per month, which is three (3) times the portion of monthly rent for which the applicant is solely responsible. We do not consider the applicant’s source of income, as defined by, and in compliance with, state and Federal law.
CREDIT SCORE:
BACKGROUND AND CRIMINAL HISTORY:
RENTAL HISTORY:
INTENT TO OCCUPY:
MAX OCCUPANCY:
REASONS FOR DENIAL MAY INCLUDE BUT ARE NOT LIMITED TO:
- Negative rental history or lack of rental history
- Criminal history
- Negative items on credit report
- Applicant conduct, including the way applicant’s interaction and treatment of Northwoods staff
- Inadequate income or inability to verify income
- Inability to take possession or unwillingness to take possession within 48 hours of approval
- Northwoods inability to verify any information or falsification of information provided on rental application