Lighthouse Property Management LLC 360-752-9006 email@example.com
****Note we do not accept portable screening reports****
|Ability to Pay Rent:|
|Minimum monthly gross income-to-rent ratio = 2.5|
Assets may not contribute to the qualifying income
|Monthly minimum net income (after rent and debt obligations) should exceed a fixed amount: $1,000.00||Extremely|
|Maximum percentage of past due negative accounts: number of derogatory accounts: 25.0%||Moderately|
|Maximum balance of unpaid collections (includes past due accounts): $200.00||Moderately|
|Bankruptcy permitted: If cleared||Very|
|No landlord tenant court records or unpaid landlord collections: Any number ever||Pass/Fail|
|Rental history less then 2 years||requires co-signer|
|Sex Offender History. May not be a registered sex offender||Pass/Fail|
We will be reviewing the following: History of criminal behavior that may negatively affect tenancy - drugs, sex offense, robbery, assault, active warrants, ect…… Determinations as to criminals screening will be made on a case by case basis, after analysis, and will be based on several factors and information. There will be NO automatic denials on arrest or criminal convictions.
The credit decision settings above are configured by the property manager. Based on these settings and other credit data, On-Site Manager, Inc. will calculate a score between 0 and 10 for the application. This score describes the degree to which the applicant meets the criteria. The meaning of the scores is described below:
Score Recommendation Explanation
0.0 - 4.9 Decline Fails to meet the credit decision settings above.
5.0 - 6.9 Accept With Conditions Fails to meet the credit decision settings above.
7.0 - 10.0 Accept Meets or exceeds credit decision settings above.
Please Note: Guarantors must qualify unconditionally (a score of 7.0 or higher).
Additional Items that will need to be submitted via email after filling out the online application: