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:

  • Copy of driver's license, or valid government issued ID
  • Copy of 2 most recent pay-stubs
  • Renter’s insurance is required, and policy is required to be paid in full for the entire term of the lease prior to move in
  • Holding fee is required at the time of application, and the amount due is equal to 1 month's rent

Lighthouse Property Management LLC          360-752-9006             cecelia@lighthouserentals.net

****Note we do not accept portable screening reports****


Applications
Importance
Ability to Pay Rent:

Minimum monthly gross income-to-rent ratio = 2.5
Assets may not contribute to the qualifying income
Extremely
Monthly minimum net income (after rent and debt obligations) should exceed a fixed amount: $1,000.00
Extremely
Credit History:

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
Residency History:

No landlord tenant court records or unpaid landlord collections: Any number ever
Pass/Fail
Rental history less then 2 years
requires co-signer
Criminal History:

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.

Extremely