We specifically understand and agree that:
No unauthorized individuals are allowed to move in with the tenants of record.
No water beds are permitted unless Lessor is furnished with a certificate of insurance specifying $25,000.00 liability.
Unless specified in writing no dogs are allowed for any reason, at any time.
There is no smoking at any time on the property.
THIS IS AN EQUAL HOUSING OPPORTUNITY COMMUNITY
APPLICANT SELECTION CRITERIA – Effective September 2015
Please review our criteria. If Applicant feels Applicant meets the criteria, please apply. It is the policy of Mammoth Springs, that all persons have the right to equal opportunity and equal treatment in all matters regarding housing. It is unlawful to practice housing Discrimination or deny equal opportunity to any person, but especially based on any of the following: sex, race, color, national origin, handicap, familial status, religion, marital status of persons maintaining a household, sexual orientation, age, ancestry or lawful source of income. Applicant may review a copy of the Lease and all written rules and regulations before Applicant completes this application or pays the security deposit. The Fair Credit Reporting Act 15 U.S.C. sec.1681, et, sec, requires that we disclose to Applicant that an investigation will be completed. Once a security deposit has been given to hold an apartment it will be forfeited in full if the approved applicant withdraws for any reason. The non-refundable administrative fee of $150.00 and application fee of $20.00 must accompany each rental applications in order to be processed. THE APPLICATION FEE AND ADMINSTRATIVE FEE ARE NON-REFUNDABLE. Apartments will not be held for more than 48 hours without the application and administrative fee.
1) APPLICATION A completed Rental Application must be received from each Applicant and Guarantor. If the completed application contains any omissions (not satisfactorily explained) it will be returned for completion or denied. All Applicant(s) must provide us with their Social Security number, and when applicable, Certificate of Naturalization or Permanent Resident Card. If Applicant(s) is unable to provide a Social Security number, Applicant(s) must provide us with a denial letter from the Social Security Office and a copy of their Certificate of Naturalization or Permanent Resident Card.
2) RENTAL HISTORY It is Applicant(s)’ responsibility to provide us with the information necessary to contact Applicant(s)’ past Landlord(s). We reserve the right to deny Applicant(s)’ application if, after making a good faith effort, we are unable to verify Applicant(s)’ rental history. An applicant with no rental history AND no credit may require a Lease Guarantor.
3) INCOME Applicant(s) must have a maintained monthly gross income equal to or greater than three times the sum of the apartment rental, parking, pet fees and short term lease fees, also known as “income formula”. The monthly income must be projected to be stable during Lease term, i.e., temporary employment may not be considered. Self-employed or retired Applicant(s) must provide copy of most recent (within one year) tax return for review, a copy of which will be retained in Applicant(s)’ file. Gross yearly income, as stated on tax return, will be subject to income formula. If Applicant has no employment income, other sources of income may be considered, i.e., savings, money market, trust account, etc. These sources must be verifiable and currently accessible, and must meet income formula standards. A Lease Guarantor may be considered in the event of insufficient income provided Guarantor qualifies under our income requirements including having a qualified Credit Report as applicable per Paragraph 4, below.
4) CREDIT REPORT Good credit history must be maintained for the past 3 years. This property uses a scoring model to screen credit and criminal reports. Scores 803 + meets property criteria. Scores 707-802 meets property criteria with conditions. The applicant may be approved with one month deposit or qualified co-signer required. Scores 1-706 applicant does not meet property criteria. No additional screening is required. A Score of 0 meets property criteria with conditions. The applicant may be approved with one month deposit or qualified co-signer required. A 0 score reports no credit history has been established.This number is a unique number that our scoring model composes and is not your actual credit score number.