Resident Selection Criteria: 

Basic Requirements for Approval:

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 a 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 are verified through a 3rd party service, National Tenant Network 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 of an Offer letter MUST have a Co Signer 
• Applicants who have been employed less than 12 months MUST have a CoSigner 
• 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 Years of good, VERIFIABLE, rental or mortgage history 
• Living With family or a friend and/or Subleasing not accepted as 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 sub leasing) 
• I have a credit score under a 580 
• I am newly employed and can only provide an Offer or Award Letter 
• I have been employed at my company 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?:

• Must have a minimum 650 Credit Score
• Must have 2x the rent income (your incomes will be combined for approval)
• Must have VERIFIABLE mortage or rental history in the Co-Signers name
• Co-signs are required to sign the lease & are a financially responsible party